100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Wellcare ACT Mastery Exam 25'-Questions with Correct Answers $12.99   Add to cart

Exam (elaborations)

Wellcare ACT Mastery Exam 25'-Questions with Correct Answers

 1 view  0 purchase
  • Course
  • Classroom
  • Institution
  • Classroom

Wellcare ACT Mastery Exam 25'-Questions with Correct Answers

Preview 2 out of 8  pages

  • October 13, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Classroom
  • Classroom
avatar-seller
MikeHarris
Wellcare ACT Mastery Exam 25'-Questions with Correct Answers
New for PY2025, the Wellcare Spendables™ Card will include Home Improvement and
Safety Items on select Dual Eligible Special Needs Plans (D-SNPs) (amount varies by plan). -
✔✔TRUE


For 2025, Wellcare will be offering plans to more than 51 million beneficiaries, which
accounts for 77% of all eligible Medicare beneficiaries in our ___ states. - ✔✔32


The Medicare Prescription Payment Plan allows prescription costs to be spread across _____
payments billed directly to the member. - ✔✔Monthly


For 2025, Wellcare preferred networks include Walgreens, CVS, and some grocery chains. -
✔✔TRUE



Wellcare's _____ plan is designed for Low-Income Subsidy (LIS) members. - ✔✔Classic


Wellcare launched new tiered provider plans in ______ and _____. (Select two options.) -
✔✔Arizona
Oregon


Effective 2025, key provisions of the Inflation Reduction Act include a lower annual
threshold of $_____ for out-of-pocket (OOP) prescription drug costs in Medicare. -
✔✔$2,000



Which Prescription Drug Plan (PDP) is best for a dual-eligible chooser? - ✔✔Classic


Members are no longer required to pay a partial deductible due to the Inflation Reduction
Act. - ✔✔TRUE


Which Low-Income Subsidy (LIS) category is assigned to members whose costs are fully
subsidized and receive the most assistance? - ✔✔Three

, All Prescription Drug Plans (PDPs) will feature a $0 Tier 1 benefit when filled at preferred
pharmacies. - ✔✔TRUE


Wellcare is the official Medicare provider partner of The American Legion to serve Veterans
in 24 states. - ✔✔TRUE


Effective 2025, key provisions of the Inflation Reduction Act include a newly designed
standard Part D benefit design consisting of three phases. Which phase is not included? -
✔✔Coverage gap


Which Prescription Drug Plan (PDP) has the richest formulary with the most adherence
generics on Tier 1? - ✔✔Value Plus


Agents may be investigated after being suspected of noncompliant activity reported
through a: (Select all that apply.) - ✔✔Complaint Tracking Module (CTM)
Grievance
Secret Shop Finding


Agents must meet all required contracting, training, and certification requirements annually
to be eligible to sell Wellcare's Medicare products. - ✔✔TRUE


Which of the following actions are required when contacted regarding an allegation of
noncompliant activity? - ✔✔All of these


Lead-generating activities (either directly or indirectly) facilitated by a Third-Party Marketing
Organization (TPMO) need to include a notice to the beneficiary that their information may
be shared with a licensed agent for future contact. - ✔✔TRUE


Which of the following statements about completing telephonic enrollments is FALSE? -
✔✔Must include some of the required elements necessary to complete the enrollment.


The Third-Party Marketing Organization (TPMO) disclaimer must be used by any TPMO that
sells plans on behalf of more than one Medicare Advantage (MA) plan provider. The

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MikeHarris. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79978 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart