#1
Which of the following is a key consideration when choosing a Medicare Part D Prescription Drug Plan?
The plan's coverage for generic drugs
The plan's coverage for over-the-counter medications
The plan's coverage for cosmetic procedures
The plan's coverage for dental services
#2
What is the purpose of the Medicare Part D Annual Notice of Change (ANOC)?
To notify participants of premium increases
To inform participants of plan changes for the upcoming year
To advertise new prescription drugs
To request additional documentation
#3
What is the purpose of the Medicare Part D Star Ratings?
To determine eligibility for the plan
To evaluate and compare plan performance
To calculate out-of-pocket costs
To notify participants of plan changes
#4
In Medicare Part D, what is the Catastrophic Coverage phase designed to address?
High out-of-pocket costs for prescription drugs
Preventive care services
Dental and vision coverage
Coverage for over-the-counter medications
#5
In Medicare Part D, what is the purpose of the Summary of Benefits?
To list covered prescription drugs
To detail plan costs and coverage
To calculate the annual deductible
To determine eligibility for Extra Help
#6
What is the initial enrollment period for Medicare Part D?
30 days
90 days
6 months
12 months
#7
Which government agency administers the Medicare Part D Prescription Drug Program?
Social Security Administration
Centers for Medicare & Medicaid Services (CMS)
Department of Veterans Affairs
Food and Drug Administration (FDA)
#8
During the Initial Coverage Period in Medicare Part D, what is the participant's responsibility for drug costs?
Full coverage with no out-of-pocket costs
Partial coverage with coinsurance or copayments
No coverage at all
Coverage only for brand-name drugs
#9
Which of the following factors can affect the cost of a Medicare Part D plan?
Income level
Marital status
Geographic location
All of the above
#10
What is the primary purpose of the Medicare Part D formulary?
To determine eligibility for the plan
To list covered prescription drugs and their tier levels
To calculate the annual deductible
To track participant demographics
#11
During the Coverage Gap (Doughnut Hole) in Medicare Part D, what discounts apply to brand-name drugs?
No discounts
50% discount
75% discount
Full coverage with no out-of-pocket costs
#12
What is the coverage gap in Medicare Part D commonly known as?
Doughnut Hole
Coverage Void
Drug Gap
Prescription Hollow
#13
In Medicare Part D, what is the purpose of a formulary?
To determine the plan's premium
To list covered prescription drugs
To calculate out-of-pocket costs
To schedule medical appointments
#14
What is the purpose of the Medicare Part D Late Enrollment Penalty?
To discourage late enrollment
To provide additional coverage
To lower premium costs
To waive the deductible
#15
Which Medicare Part D plan phase comes after the Coverage Gap (Doughnut Hole)?
Initial Enrollment Period
Catastrophic Coverage
Medicare Advantage
Special Enrollment Period
#16
What is the purpose of the Medicare Part D Medication Therapy Management (MTM) program?
To restrict access to certain medications
To provide additional coverage for high-cost drugs
To optimize medication use and improve therapeutic outcomes
To eliminate the Coverage Gap (Doughnut Hole)
#17
Which individuals automatically qualify for Extra Help with Medicare Part D costs?
All Medicare beneficiaries
Those with Medicaid
Those with high income
Those without prescription drug needs