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AHIP Module 3 Test Score 100 - Medicare Part D Prescription Drug Coverage All Correct Test Answers

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Mr. Shapiro gets by on a very small amount of fixed income. He has heard there may be extra help paying for Part D prescription drugs for Medicare beneficiaries with limited income. He wants to know whether he might qualify. What should you tell him? Question 1Select one: a. The extra help is available to beneficiaries whose income and assets do not exceed annual limits specified by the government. Source: Module 3, Slide - Help for Individuals with Limited Income and Limited Resources and Slide - Encourage Individuals with Limited Income/Resources to Apply to the State Medicaid Office b. The government pays a per-beneficiary dollar amount to the Medicare Part D prescription drug plans, to offset premiums for their low-income enrollees in accordance with the plan’s set criteria. Mr. Shapiro should check with his plan to see if he qualifies. c. The extra help is available only to Medicare beneficiaries who are enrolled in Medicaid. He should apply for coverage under his state’s Medicaid program to access the extra help with his drug costs. d. He must apply for the extra help at the same time he applies for enrollment in a Part D plan. If he missed this opportunity, he will not be able to apply for the extra help again until the next annual enrollment period. Question 2 Correct Mr. Schultz was still working when he first qualified for Medicare. At that time, he had employer group coverage that was creditable. During his initial Part D eligibility period, lOMoARcPSD| AHIP Module 3 Test Score 100 - Medicare Part D Prescription Drug Coverage All Correct Test Answers Completed on Saturday, August 12, 2023, 12:53 PM Time taken 1 Points 20.00/20.00 Grade 100.00 out of 100.00 Correct: If a beneficiary has limited income and resources, they may qualify for a lowincome subsidy (LIS) to cover all or part of the Part D plan premium and cost-sharing. Beneficiary income may not exceed 150 percent of the Federal Poverty Level (FPL). Assets may not exceed a limited amount also specified by the government


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