Question

Which one of the following is not true about Medicare D?

1) It is voluntary
2) There is a penalty for late enrollment
3) There are no out of pocket costs
4) It provides for prescription drug coverage

Answer 1

Medicare Part D does have out-of-pocket costs, including premiums, deductibles, and copayments or coinsurance for prescription drugs.

Step-by-step explanation:

The correct answer is 3) There are no out of pocket costs. Medicare Part D, also known as the Prescription Drug Plan, does have out-of-pocket costs, including monthly premiums, annual deductibles, and copayments or coinsurance for prescription drugs. These costs vary depending on the specific plan that a person chooses, but Medicare Part D does not cover all prescription drug costs which means that there will be some out-of-pocket expenses.