CVS Medicare Part B Flashcards
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Questions and Answers

CVS does not currently bill Medicare Part B for which of the following?

  • Continuous glucose monitors
  • Nebulizers
  • Both A and B (correct)
  • None of the above
  • Medicare Part B claims are adjudicated in a/an _____ manner.

    non-real time

    Beneficiaries are responsible for what percentage of prescription costs after their yearly deductible has been met?

    20%

    When is a supplier standards form required to be provided to the beneficiary?

    <p>Both A and B</p> Signup and view all the answers

    AOB forms must be collected every time a beneficiary fills a Medicare Part B prescription at any CVS location.

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

    Failure to report the correct insulin dependence indication may be considered waste under Medicare's fraud regulations.

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

    If the group ID of TPPC 22345 is populated with a state abbreviation and Medicaid ID, this will result in a claim being auto-crossed.

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

    Beneficiary owned equipment information prompts must be completed to remain compliant with Medicare Part B billing guidelines.

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

    What is the purpose of the assignment of benefits form?

    <p>Authorize CVS pharmacy to bill Medicare for payment and serves as a medical release authorization.</p> Signup and view all the answers

    Medicare standard utilization guidelines for diabetic testing supplies are as follows: For insulin dependent, max testing is how many times a day?

    <p>3 times</p> Signup and view all the answers

    When is insulin covered by Medicare Part B?

    <p>When administered via a pump.</p> Signup and view all the answers

    Medicare Part D and Medicare Part B may be billed for the same item.

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

    Which date does Medicare consider the date of service that drives refill too soon rejections?

    <p>POS sold date.</p> Signup and view all the answers

    If a beneficiary is concerned that the amount due at POS is too high, what should be advised?

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

    Study Notes

    Medicare Part B Billing Overview

    • CVS does not bill Medicare Part B for continuous glucose monitors and nebulizers.
    • Medicare Part B claims are processed in a non-real time manner.

    Beneficiary Cost Responsibilities

    • After meeting the yearly deductible, beneficiaries are liable for 20% of prescription costs.

    Supplier Standards and Forms

    • A supplier standards form is required when requested by the beneficiary or their authorized representative and upon the first fill (fill 00).
    • Assignment of Benefits (AOB) forms do not need to be collected with every Medicare Part B prescription fill at CVS locations.

    Compliance and Reporting

    • Correct reporting of insulin dependence and procedure modifier codes is crucial to avoid being categorized as waste under Medicare’s fraud regulations.
    • Beneficiary-owned equipment information must be documented for durable medical equipment and respiratory products to comply with Medicare Part B billing guidelines.

    Medicare Part B Guidelines for Diabetic Supplies

    • The guidelines specify a maximum of three testing supplies per day for insulin-dependent individuals and one per day for non-insulin-dependent individuals.
    • Insulin is covered by Medicare Part B only when administered via a pump.
    • Items cannot be billed to both Medicare Part B and Part D simultaneously.

    Claim Processing and Patient Interaction

    • The date of service recognized by Medicare for processing claims and managing refill-to-soon denials is the point of sale (POS) sold date.
    • If a beneficiary expresses concern about high POS costs for a Medicare Part B covered item, advise that deductibles and coinsurances must be collected per medical guidelines.
    • Call omniSYS for deductible overrides if the patient has an active Medigap/Supplemental plan covering the deductible.

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    Description

    Test your knowledge of CVS Medicare Part B with these flashcards. Covering key concepts such as billing practices, claims adjudication, and beneficiary responsibilities, this quiz will enhance your understanding of Medicare Part B policies. Perfect for students or professionals in the healthcare field.

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