Medicare Part D and Prescription Drug Coverage Quiz
Test your knowledge of Medicare Part D and prescription drug coverage with these questions. Learn about enrollment, coverage phases, formularies, and more.
Which government program provides prescription drug coverage for Medicare beneficiaries?
Medicare Part A
Medicare Part B
Medicare Part C
Medicare Part D
#2
Which of the following is not a factor considered when determining a Medicare Part D premium?
Income level
Prescription drug needs
Plan selected
Geographic location
#3
What is the Medicare Part D late enrollment penalty?
A penalty for enrolling in Medicare Part D before turning 65
A penalty for enrolling in Medicare Part D after the initial enrollment period without creditable drug coverage
A penalty for enrolling in any Medicare plan after turning 70
A penalty for not having Medicare Part A coverage
#4
What is the purpose of the Medicare Part D Explanation of Benefits (EOB) statement?
To provide information on available drug discounts
To explain the coverage provided by Medicare Part A
To outline prescription drug costs and utilization for beneficiaries
To determine eligibility for Extra Help
#5
What is the Medicare Part D Initial Deductible, and how does it work?
A fixed amount paid by the beneficiary before the drug plan starts coverage
A percentage of the drug costs paid by the beneficiary throughout the year
A penalty for late enrollment in Medicare Part D
An annual premium paid by the beneficiary
#6
What is the coverage gap (doughnut hole) in Medicare Part D?
A period of reduced coverage for generic drugs
A gap in coverage for brand-name drugs
A phase where beneficiaries pay all drug costs out-of-pocket
A time when beneficiaries receive free prescription drugs
#7
How do Medicare beneficiaries qualify for Extra Help with their prescription drug costs?
Having a Medicare Advantage plan
Having a Medigap plan
Demonstrating financial need
Being enrolled in Medicare Part A only
#8
What is the purpose of the Medicare Part D Initial Coverage Limit?
To limit the number of prescriptions per year
To determine eligibility for Extra Help
To set a threshold for drug coverage before entering the coverage gap
To establish the maximum age for enrollment
#9
Which federal law prohibits Medicare drug plans from covering certain off-label uses of prescription drugs?
Social Security Act
Medicaid Expansion Act
Medicare Modernization Act
Food, Drug, and Cosmetic Act
#10
Which organization offers assistance to Medicare beneficiaries in selecting a Part D plan through its State Health Insurance Assistance Program (SHIP)?
American Medical Association (AMA)
AARP (formerly known as the American Association of Retired Persons)
Centers for Medicare & Medicaid Services (CMS)
Social Security Administration (SSA)
#11
Which entity administers the Medicare Part D program?
Centers for Medicare & Medicaid Services (CMS)
Social Security Administration (SSA)
Department of Health and Human Services (HHS)
Food and Drug Administration (FDA)
#12
What is the initial enrollment period for Medicare Part D?
The first 6 months after turning 65
The month of turning 65
The first 3 months after turning 65
The first year after turning 65
#13
What is the catastrophic coverage phase in Medicare Part D?
A phase with no coverage for prescription drugs
A phase with significantly reduced copayments
A phase with coverage for preventive drugs only
A phase where beneficiaries pay 100% for their prescription drugs
#14
In Medicare Part D, what is the purpose of a formulary?
To establish eligibility criteria
To determine the premium amount
To list covered drugs and their cost-sharing
To define the catastrophic coverage limit
#15
Which category of drugs is generally excluded from Medicare Part D coverage?