Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How the Medicare Prescription Payment Plan spreads out-of-pocket Part D costs across remaining calendar months - Why the program changes payment timing without altering drug prices, copays, or total out-of-pocket costs - How monthly payment amounts are calculated based on when in the calendar year costs are incurred - Voluntary election rules, including opt-in timing during AEP or mid-year - Mandatory Part D sponsor outreach requirements for high-cost beneficiaries and common exam traps For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep