Question

If you have a Medigap policy, do you and your spouse need to purchase separate policies, or can one policy cover both individuals?

a) Separate policies required
b) One policy covers both
c) Policies are not available for spouses
d) Coverage depends on age

Answer 1

Each person must purchase separate Medigap policies, as one policy does not cover both individuals in a couple. The individual mandate from 2010's healthcare reform required everyone to have insurance or face a penalty.

Step-by-step explanation:

If you have a Medigap policy, each person needs to purchase their own separate policy. Medigap, also known as Medicare Supplement Insurance, is designed to aid in covering some of the healthcare costs that are not covered by Medicare Part A and Part B. Because of this, the correct answer to the question is that separate policies are required for you and your spouse. Unfortunately, one policy cannot cover both individuals, so each spouse must have their own Medigap policy.

Regarding the individual mandate provision of the 2010 U.S. healthcare reform, the correct answer is that it requires everyone to have insurance or pay a penalty (c.). This provision was designed to increase the number of insured Americans and decrease the overall costs of healthcare by ensuring that more people contribute to the insurance pool.

In terms of public healthcare systems, Medicare is the program that primarily offers insurance to people over sixty-five years old (b.). Medicare is a federally funded system of health insurance for older Americans and some younger individuals with disabilities.