This month’s Inner Circle Workshop focused on Medicare and the key things you should know. Below is the 10-question fun and friendly quiz. The correct answers are bolded and italicized.

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1. Which statement about Medicare Part B in 2025 is correct?

A. The standard premium is $160.20 per month
B. The standard premium is $185 per month, with additional IRMAA charges for higher incomes
C. Everyone pays the same Part B premium regardless of income
D. Part B covers all services at 100% after the deductible

2. Who is automatically eligible for premium-free Part A?

A. Anyone enrolled in Social Security before age 65
B. Individuals who worked (or whose spouse worked) at least 10 years paying Medicare taxes
C. Only those with 20 years of work history
D. Anyone enrolled in a Medicare Advantage plan

3. Which of the following is required for every Medicare Advantage (MA) plan?

A. Coverage for Parts A and B, plus a mandatory dental benefit
B. A national network of providers
C. A maximum out-of-pocket (MOOP) limit for medical services
D. Guaranteed issue enrollment at any time

4. Which statement best describes Medigap (Supplement) plans?

A. They replace Original Medicare and include Part D automatically
B. They have provider networks with in-network and out-of-network cost differences
C. They are standardized, cover only Medicare-approved A/B costs, and are guaranteed renewable
D. They cover services not approved by Original Medicare

5. Which of the following is TRUE about Cost Plans in 2025–2026?

A. They are available in all Minnesota counties
B. They allow extended travel and let members see any Medicare provider for certain services
C. They always include Part D
D. They cannot be changed outside of AEP

6. What is the Part D deductible in 2025?

A. $325
B. $480
C. $590
D. There is no deductible

7. Under the 2025 redesign, what is the NEW annual out-of-pocket maximum for Part D?

A. $8,000
B. $2,000
C. $3,500
D. There is no maximum

8. Which of the following is a major consequence of the new Part D cap for 2025?

A. More national carriers are entering the market
B. The Donut Hole is returning
C. Carriers must absorb more costs, leading to fewer available Part D plan options
D. Employer drug plans will become more generous

9. When does the Annual Election Period (AEP) occur each year?

A. September 1 – October 15
B. October 15 – December 7
C. January 1 – March 31
D. November 1 – January 15

10. Which event triggers a Special Enrollment Period (SEP) with Guaranteed Issue rights?

A. Turning 65
B. Moving to a new county with the same plan availability
C. Loss of Medicare Advantage coverage due to plan termination (such as UCare ending MA in 2025)
D. Deciding to switch from Medigap to MA voluntarily

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