What must be true regarding Medicare Part D coverage?

Medicare Part D is designed to provide prescription drug coverage for beneficiaries of Medicare, and it is primarily offered through private insurance companies. These companies contract with the federal government to provide these plans, ensuring that beneficiaries have various options to choose from based on their individual needs and preferences.

This structure allows for competition among private providers, which can lead to different formularies, pricing, and service levels. While the government regulates these plans and sets certain standards that they must meet, the actual provision of coverage is through private entities rather than exclusively through government programs.

Other choices present inaccuracies about Medicare Part D. It is not the case that coverage is comprehensive for all medical expenses, as Medicare Part D specifically focuses on prescription drugs; thus, it does not cover all aspects of medical care. Additionally, while some beneficiaries may qualify for low-income subsidies that reduce costs, Medicare Part D plans typically involve premiums, deductibles, and co-pays, meaning the coverage is not free of any costs.