CSA Housing Options for Seniors 2

Question 1

In a Type C (Fee-for-Service) CCRC contract, how are healthcare and skilled nursing services priced when needed?

Accepted Answer

Charged at the full daily market rate when services are used

Answer

Included at no additional cost under the entrance fee

Answer

Covered entirely by Medicare

Answer

Subsidized by the state government

Question 2

Adult foster care homes are best characterized by which of the following?

Accepted Answer

Small, family-style residential settings with personalized care for a few seniors

Answer

Large facilities housing 100 or more residents

Answer

Facilities that provide only medical rehabilitation services

Answer

Government-run assisted living programs

Question 3

Which home modification is most commonly recommended to help seniors age in place safely?

Accepted Answer

Installing grab bars in bathrooms and removing trip hazards

Answer

Adding a second story to expand living space

Answer

Replacing all carpeting with polished hardwood floors

Answer

Reducing the number of windows to minimize glare

Question 4

Which program provides comprehensive medical and social services to help frail seniors live at home and avoid nursing facility placement?

Accepted Answer

PACE (Program of All-Inclusive Care for the Elderly)

Answer

COBRA continuation coverage

Answer

CHIP (Children's Health Insurance Program)

Answer

TANF (Temporary Assistance for Needy Families)

Question 5

What is the primary regulatory oversight body for assisted living facilities in the United States?

Accepted Answer

Individual state governments

Answer

The federal Centers for Medicare & Medicaid Services (CMS)

Answer

The Joint Commission

Answer

The American Health Care Association

Question 6

A senior who owns their home and wants to access its equity to fund home care without making monthly mortgage payments should consider which financial tool?

Accepted Answer

A reverse mortgage

Answer

A traditional home equity loan with monthly payments

Answer

A 401(k) early withdrawal

Answer

A life insurance policy loan

Question 7

Which characteristic most clearly distinguishes skilled nursing facilities (SNFs) from assisted living facilities?

Accepted Answer

SNFs provide 24-hour licensed nursing care and are federally regulated under Medicare and Medicaid

Answer

SNFs exclusively serve residents over age 80

Answer

SNFs require all residents to be fully ambulatory

Answer

SNFs do not accept Medicare reimbursement