Anthem Part D Plans 2022 PARTD22
Which statement does not represent a Formulary Transition Requirement?
d. All of the above represent a Formulary Transition Requirement
Which of the statements below is true about the Deductible phase?
d. All of the above statements are true
Which of the following statements about creditable prescription drug coverage is true?
d. All of the above statements are true.
Initial Coverage is calculated by adding the amount paid by the member (including any deductible) and the amount paid by the ______ for covered prescription drugs.
d. Plan
Members have reduced cost-share amounts on certain formulary tiers when utilizing preferred pharmacies.
TRUE
The Late Enrollment Penalty (LEP) does not apply to Low-Income Subsidy (LIS) members or members with creditable coverage.
TRUE
Which of the following is not a condition for drugs covered under Part D?
a. Used for any medically acceptable reason including off label use
Which choice does not represent a drug exception option?
a. A late enrollment exception - when a member requests to obtain a Medicare covered prescription drug outside of the standard election period timeframes
Which statement is NOT true about Low Income Assistance for Part D plans?
a. Qualifications for low-income assistance are reviewed every 3 years
Which of the following is not a condition for drugs covered under Part D?
a. TrOOP Coverage phase