Medicare IQ Results: You Folks Are Sharp!

October 8, 2019 — The results are in from the 555 people (so far!) who took the Medicare IQ test. We are thankful to all those intrepid souls: we are impressed with your solid grasp of most Medicare essentials. The test represents good timing, because this year’s Medicare Open Enrollment period begins next week (Oct 15) and runs through Dec. 7. During this time you can freely change plans without losing coverage. Didn’t take the quiz yet – here is the link to the Medicare IQ Quiz.

For learning purposes here is a question by question review of the quiz, along the scores by question. We arbitrarily set a passing grade of 60%, but the average score was just over 71%. Almost everyone understood the basic questions, such as the difference between Part A and Part B of Medicare. But three questions in particular tripped up about half of the people taking the quiz. Those questions involved the fine points of when you can sign up for Medicare (Question 10), which Medigap or Medicare Advantage Plan has the smallest deductible and copays (Q 11), and what events are covered under a Special Enrollment Period (Q 12).

Question 1: At what age are you eligible to Medicare on your own earnings record?

Some 82% answered correctly that the age to do this is 65. Wrong answers were 62 and 66.