2024 Wellcare Mastery Exam Flashcards
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Questions and Answers

CVS Caremark Mail Order will be in-network for 2024.

False

Which Prescription Drug Plan (PDP) product has the richest formulary with the most adherence generics on Tier 1?

  • Classic
  • Value Plus
  • Value Script (correct)
  • How many Prescription Drug Plans (PDPs) will be offered across all 50 U.S. states and Washington, D.C.?

  • Five
  • Four
  • Two
  • Three (correct)
  • In the Catastrophic Coverage stage, the member will pay $___ for brand and generic drugs for the remainder of the year once their total out of pocket costs reach $8,000.

    <p>Zero</p> Signup and view all the answers

    Wellcare's _____ plan is designed for Low-Income Subsidy members.

    <p>Classic</p> Signup and view all the answers

    How many new Wellcare plans are going to market?

    <p>Twenty-three</p> Signup and view all the answers

    Which of the Prescription Drug Plan (PDP) products is new to the 6-tier formulary structure for 2024?

    <p>Classic</p> Signup and view all the answers

    Brokers/Agents can access the following resources under the Shared Resources section in Centene Workbench. What are they?

    <p>All of these</p> Signup and view all the answers

    Wellcare accepts SOAs in which of the following methods?

    <p>All of these</p> Signup and view all the answers

    Marketing benefits in a service area where those benefits are not available is prohibited and considered misleading.

    <p>True</p> Signup and view all the answers

    Which elements are available as part of Wellcare's Sales Support model?

    <p>All of these</p> Signup and view all the answers

    A grievance request must be filed orally or in writing no later than _____ calendar days from the date of the event.

    <p>60</p> Signup and view all the answers

    Brokers/Agents may be investigated after being suspected of noncompliant activity reported through a:

    <p>Grievance</p> Signup and view all the answers

    Brokers/Agents can submit a support ticket online through their Centene Workbench portal.

    <p>True</p> Signup and view all the answers

    When an enrollment application is completed in Ascend, brokers/agents can complete a Health Risk Assessment (HRA) directly in Ascend.

    <p>True</p> Signup and view all the answers

    Which of the following is not an example of Protected Health Information (PHI)?

    <p>Library card</p> Signup and view all the answers

    A Health Risk Assessment (HRA):

    <p>All of these</p> Signup and view all the answers

    The online Centene Workbench self-service portal enables you to:

    <p>All of these</p> Signup and view all the answers

    Communication of PHI can be:

    <p>Electronic</p> Signup and view all the answers

    You can help prevent grievances by:

    <p>All of these</p> Signup and view all the answers

    When a paper SOA form is used, it must be completed __________ hosting the sales presentation.

    <p>48 Hours prior to</p> Signup and view all the answers

    Any request or distribution of PHI should contain only the minimum amount of PHI required to complete the intended task.

    <p>True</p> Signup and view all the answers

    When discussing prescription drug coverage, you should:

    <p>All of these</p> Signup and view all the answers

    What is the preferred method to submit enrollment?

    <p>Ascend Web/Mobile Application</p> Signup and view all the answers

    A broker/agent may be terminated for cause if they fail to comply with a compliance investigation.

    <p>True</p> Signup and view all the answers

    The _________ plan is expected to have one of the lowest premiums in the country!

    <p>Value Script</p> Signup and view all the answers

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

    <p>True</p> Signup and view all the answers

    All Prescription Drug Plans (PDPs) will offer a $___ copay for most Part D preventive vaccines.

    <p>Zero</p> Signup and view all the answers

    All Prescription Drug Plans (PDPs) will continue to offer $0 Tier 1 preferred cost-sharing through Express Scripts Pharmacy.

    <p>True</p> Signup and view all the answers

    Which LIS category is assigned to members whose costs are fully subsidized?

    <p>Three</p> Signup and view all the answers

    Which Prescription Drug Plan (PDP) product features no deductible on any tier?

    <p>Value Plus</p> Signup and view all the answers

    Which is the Prescription Drug Plan (PDP) Preferred Mail Order network for 2024?

    <p>Express Scripts Pharmacy</p> Signup and view all the answers

    For Prescription Drug Plan (PDP) Medication Home Delivery, which plan will continue to offer a discount for Tier 2, 3, and 6 prescriptions?

    <p>Value Plus</p> Signup and view all the answers

    A Low-Income Subsidy (LIS) member will be assigned one of ____ copay categories depending on the level of need.

    <p>Four</p> Signup and view all the answers

    Wellcare's 2024 product expansion represents a __% increase from 2023.

    <p>One</p> Signup and view all the answers

    With the Pharmacy Benefit Manager (PBM) migration to Express Scripts effective 1/1/2024, existing members can continue to use their current ID card.

    <p>False</p> Signup and view all the answers

    The Pharmacy Benefit Manager (PBM) migration to Express Scripts effective 1/1/2024 will impact which plan(s)?

    <p>Both PDP &amp; MAPD</p> Signup and view all the answers

    An LEP is assessed by CMS when a member goes ______ days or longer without creditable prescription drug coverage.

    <p>63</p> Signup and view all the answers

    What are some examples of steps that can be taken when safeguarding and securing PHI and PII?

    <p>Shred documents that contain PHI or PII</p> Signup and view all the answers

    CustomPoint sales material order dates will be posted on Wellcare.com.

    <p>False</p> Signup and view all the answers

    Prior to the beginning of the enrollment process, what must a broker/agent cover?

    <p>All of these</p> Signup and view all the answers

    Ascend is a fast, easy, and compliant way for brokers/agents to submit agent-assisted electronic enrollments.

    <p>True</p> Signup and view all the answers

    Materials that include plan comparisons or cost-sharing do not require CMS submission.

    <p>False</p> Signup and view all the answers

    If a requested effective date is available for the special election period being selected, ensure you are requesting a date within the correct timeframe.

    <p>True</p> Signup and view all the answers

    The online Centene Workbench self-service portal enables you to:

    <p>All of these</p> Signup and view all the answers

    The TPMO disclaimer must be used by any TPMO that sells plans on behalf of more than one MA plan provider. The disclaimer must be:

    <p>Electronically conveyed when communicating with beneficiaries</p> Signup and view all the answers

    When verifying a D-SNP beneficiary's Medicaid eligibility, you should confirm their Medicaid status qualifies for the selected D-SNP.

    <p>True</p> Signup and view all the answers

    When completing an enrollment, be sure to use the correct enrollment application for the desired plan year.

    <p>True</p> Signup and view all the answers

    Brokers/Agents can access and download enrollment materials through CustomPoint.

    <p>True</p> Signup and view all the answers

    The 2024 Inflation Reduction Act (IRA) Part D Benefits include reduced insulin copays.

    <p>True</p> Signup and view all the answers

    The Wellcare preferred pharmacy network includes Walgreens, CVS, and some grocery chains in 2024.

    <p>True</p> Signup and view all the answers

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

    <p>Classic</p> Signup and view all the answers

    Wellcare expanded its county footprint in _____ states for 2024.

    <p>Five</p> Signup and view all the answers

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

    <p>True</p> Signup and view all the answers

    Which of the following actions are you required to do when contacted regarding an allegation of noncompliant activity?

    <p>All of these</p> Signup and view all the answers

    Wellcare does not need to be informed of all marketing/sales events at which plans or materials will be presented.

    <p>False</p> Signup and view all the answers

    Medicare Star Ratings and performance are at the forefront of Wellcare's quality strategy. Which of the following is not a Wellcare quality driver?

    <p>Member Payments</p> Signup and view all the answers

    An SEP is a period outside of the ICEP, AEP, or MA OEP when beneficiaries can enroll based solely on qualifying life events.

    <p>True</p> Signup and view all the answers

    From October 1 to October 14, certain activities are Non-Permissible Activities. These include:

    <p>All of these</p> Signup and view all the answers

    Dual-eligible and LIS beneficiaries that are not at-risk may use a Dual-Eligible SEP once per each of the ______ calendar quarters only.

    <p>First</p> Signup and view all the answers

    A broker/agent who has never had any verbal warnings cannot be issued a Corrective Action Plan.

    <p>False</p> Signup and view all the answers

    The Mastery Exam will lock for a period of 48 hours after each failed attempt.

    <p>False</p> Signup and view all the answers

    Beneficiary-facing marketing materials for multiple MA organizations or plans must be submitted to the HPMS Marketing Module within 30 days of use.

    <p>False</p> Signup and view all the answers

    Failure to inform a beneficiary that a trusted provider is out-of-network can cause a sales allegation.

    <p>True</p> Signup and view all the answers

    Noting the correct enrollment period on enrollment applications helps in preventing delayed processing.

    <p>True</p> Signup and view all the answers

    Once the enrollment is completed, you can save a copy of the application for your reference.

    <p>False</p> Signup and view all the answers

    With which types of inquiries can Wellcare's Corporate Sales Support team assist?

    <p>All of these</p> Signup and view all the answers

    Members who fail to pay the required premiums before the end of the grace period will be terminated.

    <p>True</p> Signup and view all the answers

    Study Notes

    Wellcare Mastery Exam Key Points

    • Brokers and agents have access to various resources in Centene Workbench, including training, commission, and marketing materials.
    • Wellcare accepts Statements of Understanding (SOAs) submitted through Ascend, telephonic means, or paper; all methods are valid.
    • Marketing benefits in areas where they are unavailable is prohibited unless unavoidable for media reasons.
    • Wellcare's Sales Support model includes online, local, and corporate elements for assistance.
    • A grievance request must be filed within 60 calendar days from the incident or awareness of the issue.
    • Noncompliant activities may trigger investigations via Complaint Tracking Module (CTM), grievances, or secret shop findings.
    • Brokers and agents can submit support tickets through Centene Workbench online.
    • Health Risk Assessments (HRAs) can be completed directly in Ascend following an enrollment application.
    • Protected Health Information (PHI) examples exclude non-health-related documents like a library card.
    • HRAs help provide insights into a member's health status and improve care services tailored to their needs.
    • The Centene Workbench portal allows uploading applications, utilizing workflows, and accessing documents/resources.
    • PHI communication can occur through written, electronic, or verbal means.
    • Grievance prevention strategies include confirming provider availability, using plan materials for clarity, and verifying enrollment intentions.
    • Paper SOA forms must be completed 48 hours prior to sales presentations.
    • Requests for PHI should contain only the minimum necessary information to fulfill their purpose.
    • When discussing prescription drug coverage, it is essential to explain formulary usage, confirm coverage of prescribed items, and discuss drug copayments.
    • Ascend is the preferred method for submitting electronic enrollments.
    • Broker/agent compliance is crucial; noncompliance may result in contract termination or corrective action plans.
    • The Value Script plan is anticipated to have low premiums nationwide.
    • All Prescription Drug Plans (PDPs) will now include a $0 copay for most preventive vaccines.
    • Low-Income Subsidy (LIS) members receiving full subsidies fall into Category Three.
    • Wellcare's product expansion for 2024 represents a 1% increase from 2023.
    • The Pharmacy Benefit Manager (PBM) migration to Express Scripts affects both PDP & MAPD plans.
    • Medicare beneficiaries can qualify for a Low-Income Subsidy if without creditable prescription coverage for 63 days or longer.
    • Correct handling of PHI and PII includes shredding documents, ensuring secure email communication, and not leaving sensitive information unattended.
    • Brokers/agents must report all marketing events to Wellcare.
    • Six drivers of Wellcare's quality focus do not include member payments.
    • Special Enrollment Periods (SEPs) allow for enrollment based on qualifying life events.
    • Non-permissible activities during specified periods must be avoided by brokers.
    • Brokers/agents must use the correct enrollment application for the desired plan year and can access enrollment materials via CustomPoint.
    • Wellcare's quality initiative is significantly influenced by Medicare Star Ratings.
    • Failing to pay premiums after a three-month grace period results in termination.
    • Wellcare continues expanding its product offerings across five new states for 2024.
    • Wellcare aims to enhance service delivery with three new PDPs across all states, including Washington D.C.
    • Once total out-of-pocket costs reach $8,000 in the Catastrophic Coverage stage, members pay $0 for drugs for the remainder of the year.

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    Test your knowledge with these flashcards designed for the 2024 Wellcare Mastery Exam. These cards cover key concepts, resources, and submission methods available to brokers and agents at Wellcare. Perfect for reinforcing your understanding before the exam.

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