FIN MISC Final Exam 2019

FIN MISC Final Exam 2019/FIN MISC Final Exam 2019 Mr. Katz reached the Part D coverage gap in August last year. His prescriptions have not changed, he is keeping the same Part D plan and the benefits, cost-sharing, and coverage of his drugs are all the same as last year. He asked what to expect for this year about his out-of-pocket costs. What could you tell him? a. Because he reached the coverage gap last year, he will probably reach it again this year close to the same time. b. Because he reached the coverage gap last year, he will not have to go through it again this year. c. Because he reached the coverage gap in August last year, he probably won’t reach it until much later this year. d. Because he reached the coverage gap in August last year, he probably will reach it much earlier this year. a. A PFFS plan is exactly the same as Original Medicare, only offered by a private entity and she may enroll in one if it is available in her area. b. A PFFS plan is a type of Medicare Supplement plan and she may enroll in one if it is available in her area. c. PFFS plans are designed to cover only prescription drugs and if that is the type of coverage she wants, she may enroll in one if it is available in her area. d. A PFFS plan is one of various types of Medicare Advantage plans offered by private entities and she may enroll in one if it is available in her area