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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

#SPJ4

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Explain three strategies you can use to take better notes. ​
ikadub [295]

Answer:

start taking notes in the professor start talking

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Explanation:

hope this helps :]

8 0
3 years ago
has a monthly target operating income of $ 15 comma 000. Variable expenses are 70​% of​ sales, and monthly fixed expenses are $
seraphim [82]

Answer:

Margin of safety=55.6%

Explanation:

The formula for the operating income is as folows;

operating income=Sales revenue-total cost

where;

operating income=$ 15,000

Sales revenue=S

total cost=variable cost+fixed cost

variable cost=70% of S=(70/100)×S=0.7 S

fixed cost=$12,000

replacing;

15,000=S-(0.7 S+12,000)

15,000+12,000=0.3 S

27,000=0.3 S

S=27,000/0.3

S=Answer:

Explanation:

The formula for the operating income is as follows;

operating income=Sales revenue-total cost

where;

operating income=$ 15,000

Sales revenue=S

total cost=variable cost+fixed cost

variable cost=70% of S=(70/100)×S=0.7 S

fixed cost=$12,000

replacing;

15,000=S-(0.7 S+12,000)

15,000+12,000=0.3 S

27,000=0.3 S

S=27,000/0.3

S=$90,000

Current sales=$90,000

The formula for margin of safety is as follows;

Margin of safety=(Current sales level-break even point sales level)/current sales levels

At break even,

Operating income=0

0=S-(0.7 S+12,000)

0=S-0.7 S-12,000

0.3 S=12,000

S=12,000/0.3

S=40,000

Break even sales=$40,000

replacing;

Margin of safety=((90,000-40,000)/90,000}×100

Margin of safety=55.6%

7 0
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The time between the disabling event and the beginning of payments in your disability coverage is called
balu736 [363]

Answer – Elimination period

 

In insurance, elimination period refers to the time between the disabling event (e.g. the occurrence of an injury or illness) and the beginning of payments in the disability coverage (i.e. when payments of insurance benefits are received from the insurer<span>)</span>

3 0
4 years ago
The federal deficit fell from $1,300 billion in 2011 to $1,087 billion in 2012. How much of this change was due to
densk [106]

Answer:

Dear Student,

I trust that this meets you well.

The question requires additional details for it to be answered.

Kindly provide the same as soon as you can.

Cheers

6 0
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The marketing concept is all about meeting the consumer's_____. Choose the best answer.
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Well it’s either wants or needs, cause I know it’s both of them but I’m not sure what your teacher wants.
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