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lions [1.4K]
2 years ago
12

all plans must cover at least the standard part d coverage or its actual equivalent which of the following

Business
1 answer:
True [87]2 years ago
5 0

Payment of an annual deductible, 25% cost sharing up to the coverage gap, a share of the cost of both generic and name-brand pharmaceuticals during the gap and co-pays or coinsurance after the coverage gap are all necessary for Part D coverage.

<h3>What does standard Part D coverage include?</h3>

Every plan must provide the actuarial equivalent of the minimum Part D coverage. When the beneficiary reaches the catastrophic coverage threshold, they are required to pay either co-pays for generic and brand-name medications or coinsurance of 5%, whichever is higher, as part of the standard Part D coverage.

Payment of an annual deductible, 25% cost sharing up to the coverage gap, a share of the cost of both generic and name-brand pharmaceuticals during the gap. and co-pays or coinsurance after the coverage gap are all necessary for Part D coverage.

  • Carline can continue receiving Original Medicare while simultaneously signing up for a Medicare prescription drug plan through a private business that has an agreement with the government to exclusively offer such medication coverage to qualified Medicare beneficiaries.
  • All plans must offer the actuarially equivalent of the minimum required Part D coverage.
  • The basic benefit comprises a yearly deductible and a coverage gap, formerly known as the "Donut Hole". Sponsors may also provide plans that are different from the standard benefit but actuarially similar to it.

Learn more about Part D coverage here:

brainly.com/question/17207651

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