#1
1. What is the initial enrollment period for Medicare Prescription Drug Plans (Part D)?
30 days
45 days
60 days
90 days
#2
6. What is the Extra Help program in relation to Medicare Part D?
Provides additional drug coverage
Offers discounted gym memberships
Gives financial assistance for Medicare premiums
Provides counseling services
#3
11. What is the purpose of Medication Therapy Management (MTM) programs in Medicare Part D?
To restrict access to certain medications
To provide education and support for medication management
To exclude certain pharmacies from the network
To manage Medicare premiums
#4
16. What is the purpose of the Evidence of Coverage (EOC) document in Medicare Part D?
To provide a summary of the beneficiary's health history
To explain the plan's coverage and costs
To enroll new beneficiaries in the plan
To update the list of covered medications
#5
21. During the Special Enrollment Period (SEP), when can beneficiaries join or switch Medicare Prescription Drug Plans?
Anytime throughout the year
Only during the Annual Enrollment Period
During the Open Enrollment Period
When they turn 65
#6
2. Which form of Medicare provides prescription drug coverage?
Medicare Part A
Medicare Part B
Medicare Part C
Medicare Part D
#7
3. During which annual period can individuals switch their Medicare Prescription Drug Plan?
Open Enrollment Period
Special Enrollment Period
Initial Enrollment Period
Medicare Advantage Enrollment Period
#8
7. What is the purpose of the Annual Notice of Change (ANOC) in Medicare Part D?
Notify beneficiaries of plan changes
Provide information on new medications
Offer discounts on prescription drugs
Enroll new beneficiaries
#9
8. Which phase of the Medicare Part D coverage includes catastrophic coverage?
Initial Coverage Phase
Coverage Gap (Donut Hole) Phase
Catastrophic Coverage Phase
Deductible Phase
#10
12. Which federal agency oversees the implementation of Medicare Part D?
Food and Drug Administration (FDA)
Centers for Medicare & Medicaid Services (CMS)
National Institutes of Health (NIH)
Department of Health and Human Services (HHS)
#11
13. What is the purpose of the Initial Coverage Limit in Medicare Part D?
Sets a limit on the total drug cost for the beneficiary
Establishes a waiting period for coverage to begin
Determines the deductible amount
Provides coverage for preventive medications
#12
4. What is the late enrollment penalty for Medicare Part D?
$10 per month
$15 per month
$20 per month
Varies based on income
#13
5. Which organization administers the Medicare Prescription Drug Plans?
Social Security Administration
Centers for Medicare & Medicaid Services (CMS)
Medicare Prescription Drug Administration (MPDA)
Federal Drug Coverage Agency (FDCA)
#14
9. How often can beneficiaries switch their Medicare Advantage Prescription Drug (MAPD) plans?
Every month
Every three months
Once a year during the Annual Enrollment Period
Only during Special Enrollment Periods
#15
10. What is the purpose of the Medicare Part D Formulary?
List of covered drugs and their tier levels
Application form for Medicare Part D
Medical history form for beneficiaries
Plan summary for healthcare providers
#16
14. During the Coverage Gap (Donut Hole) Phase, what percentage of drug costs are covered by the beneficiary?
#17
15. What is the purpose of the Medicare Plan Finder tool?
To locate Medicare-approved pharmacies
To compare Medicare Advantage plans
To determine eligibility for Extra Help
To calculate Medicare premiums