AHIP Practice Exam

How does the low-income subsidy affect Mr. Johannsen's election period for Part D plans?

1. It restricts him to one enrollment period only

2. It allows enrolling at any time without restrictions

3. It grants a special election period for his needs

4. It requires consultation with a financial advisor

The correct answer is: It grants a special election period for his needs

The low-income subsidy, also known as Extra Help, plays a significant role in providing assistance to individuals with limited income and resources when it comes to Medicare Part D coverage. For Mr. Johannsen, being eligible for this subsidy means that he can take advantage of a special election period. Having access to this special election period offers Mr. Johannsen flexibility in choosing or changing his Part D plan outside of the regular enrollment periods. This is particularly beneficial as it acknowledges the unique needs of individuals who may face financial barriers and require additional support to obtain necessary medications. The special election period allows Mr. Johannsen to select a plan that best meets his healthcare needs without the limitations imposed during the standard enrollment periods. The other options suggest constraints or requirements that do not accurately reflect how the low-income subsidy impacts enrollment. For example, being limited to one enrollment period or needing to consult a financial advisor does not align with the benefits provided through the low-income subsidy. Hence, the correct answer focuses on the added flexibility and support that the special election period grants him.