CVS 540500 Medicare Part B Overview Training WITH QUESTIONS AND ANSWERS UPDATED 2026

CVS 540500 Medicare Part B Overview Training WITH
QUESTIONS AND ANSWERS UPDATED 2026




beneficiaries are responsible for ___ of prescription costs after their yearly deductible has been
met. This is an amount that must be collected before the item is dispensed - Correct Answer
20%



What is the purpose of the Assignment of Benefits (AOB) form? - Correct Answer Authorizes
CVS Pharmacy to bill Medicare for payment and serves as a medical release authorization



When is a Supplier Standards Form (SSF) required to be provided to the beneficiary? - Correct
Answer Upon the first fill (i.e. fill 00) of a Medicare Part B billed prescription

When requested by the beneficiary or their authorized representative



AOB Forms must be collected every time a beneficiary fills a Medicare Part B prescription at any
CVS location - Correct Answer False



Medicare B Forms - Correct Answer (SSF) supplier standard form

(AOB)assignment of benefit

(ABN)assignment beneficiary notice of non-coverage



Medicare Part D and Medicare Part B may be billed for the same item. - Correct Answer False



Per Medicare guidelines we must collect the copay due when the beneficiary picks up their
dispensed item. - Correct Answer True