CVS 540500 Medicare Part B Overview Training WITH
QUESTIONS AND ANSWERS UPDATED 2026
beneficiaries are responsible for ___ of prescription costs after their yearly deductible has been
met. This is an amount that must be collected before the item is dispensed - Correct Answer
20%
What is the purpose of the Assignment of Benefits (AOB) form? - Correct Answer Authorizes
CVS Pharmacy to bill Medicare for payment and serves as a medical release authorization
When is a Supplier Standards Form (SSF) required to be provided to the beneficiary? - Correct
Answer Upon the first fill (i.e. fill 00) of a Medicare Part B billed prescription
When requested by the beneficiary or their authorized representative
AOB Forms must be collected every time a beneficiary fills a Medicare Part B prescription at any
CVS location - Correct Answer False
Medicare B Forms - Correct Answer (SSF) supplier standard form
(AOB)assignment of benefit
(ABN)assignment beneficiary notice of non-coverage
Medicare Part D and Medicare Part B may be billed for the same item. - Correct Answer False
Per Medicare guidelines we must collect the copay due when the beneficiary picks up their
dispensed item. - Correct Answer True
QUESTIONS AND ANSWERS UPDATED 2026
beneficiaries are responsible for ___ of prescription costs after their yearly deductible has been
met. This is an amount that must be collected before the item is dispensed - Correct Answer
20%
What is the purpose of the Assignment of Benefits (AOB) form? - Correct Answer Authorizes
CVS Pharmacy to bill Medicare for payment and serves as a medical release authorization
When is a Supplier Standards Form (SSF) required to be provided to the beneficiary? - Correct
Answer Upon the first fill (i.e. fill 00) of a Medicare Part B billed prescription
When requested by the beneficiary or their authorized representative
AOB Forms must be collected every time a beneficiary fills a Medicare Part B prescription at any
CVS location - Correct Answer False
Medicare B Forms - Correct Answer (SSF) supplier standard form
(AOB)assignment of benefit
(ABN)assignment beneficiary notice of non-coverage
Medicare Part D and Medicare Part B may be billed for the same item. - Correct Answer False
Per Medicare guidelines we must collect the copay due when the beneficiary picks up their
dispensed item. - Correct Answer True
