Retail Plus Circular
Retail Promo Plus Management was formerly known as
Front End Reimbursement Program (FERP)
Medicare Advantage is part of Medicare
C
The 2 components that make up FePM are
Planograms & Pricing
Requests for 3rd Party conversions must be submitted with a
3-4 week lead time
How do customers enroll in LEADER end caps
Electronic Enrollment
Which customers are eligible to participate in Retail Promo Plus Management
All
The average annual plan allowance is
What is the enrollment cut-off date for the current month
the 15th of each month
To request a 3rd Party conversion, the PSC must complete and submit the
3rd Party conversion request template
In the last 20 years, aging in a nursing facilities has
Decreased
Promotions have changed from post sale reimbursements to
Off Invoice Deals
Funds are typically allocated and loaded to cards to be used
Monthly or Quarterly
How long does it take for an enrollment to be processed
24-48 hours
In the __________ phase, the ISF identifies the customer needs and decides on the scope of work, such as whether it’s a start-up pharmacy, a pharmacy needing restickering, or a full conversion
Planning
Family caregivers spend an average of ___ of their income on out-of-pocket caregiving costs
26%
Promo pricing is sent to the pharmacies POS system via
832 EDI Files
About ________of MA-OTC benefits go unused
$5 Billion
Where can you find the most up-to-date versions of planograms
Vantus, PSC Teams Channel, Order Express
At the beginning of each day, the ISF huddles with the 3rd Party team to discuss the _______ for the day
agenda
Can unsold product from the LEADER End Cap be returned
Yes
The 2 components that make up the program are
Circular & Buck in a Basket
The percentage of recipients enroll in a Medicare Advantage plan
54%
When does the billing date for FePM close
At the end of the month
Utilization of 3rd Party teams for conversions gives the ____ time back in the field to sell
ISF
How often do enrolled customers receive end caps
4 times a year