1. Most individuals first become eligible for Medicare at:

Age 65, or earlier with certain disabilities

Medicare eligibility generally begins at age 65, though younger people may qualify after a period of Social Security disability or with certain conditions.

2. Most people receive Medicare Part A:

With no monthly premium if they or a spouse paid sufficient Medicare taxes while working

Part A is generally premium-free for those with enough Medicare-covered employment, since it was funded through payroll taxes.

3. An inflation protection feature in a long-term care policy is intended to:

Increase the daily or monthly benefit over time to keep pace with rising care costs

Inflation protection periodically increases the benefit amount so coverage keeps pace with the rising cost of long-term care.

4. The elimination period in a long-term care policy functions as a:

Waiting period during which the insured pays for care before benefits begin

The long-term care elimination period is a deductible measured in days during which the insured covers care costs before benefits start.