All of the following statements about the Medicare prescription drug benefit are true EXCEPT

A) Beneficiaries are required to pay a monthly premium for the benefit.
B) The plan provides protection against catastrophic prescription drug expenditures.
C) Coverage is limited to when a beneficiary is hospitalized or a resident of rest home.
D) The plan has a coverage gap before a beneficiary has coverage for catastrophic costs.

Answer: C

Business

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Indicate whether the statement is true or false.

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