Which statement is true regarding Medicare Part D plans?

Medicare Part D plans are designed to help beneficiaries cover the costs of prescription medications, and one of the defining features of these plans is that the cost varies depending on the specific plan selected by the individual. Each plan has a different formulary, which is a list of covered drugs, and the premiums, deductibles, and co-pays can differ significantly between plans. This means that beneficiaries can choose a plan that best suits their medication needs and budget.

The first statement is inaccurate because while Medicare Part D does provide assistance for many prescription drugs, it does not cover all drugs without limitations. There are specific medications that may not be included in a plan's formulary.

The third statement is also incorrect since vision care is not an automatic part of Medicare Part D; it primarily focuses on prescription drugs. While individuals may choose additional plans specifically for vision care, it is not inherently a feature of Part D.

Finally, the claim regarding a waiting period for coverage is not true for Part D. Coverage generally begins as soon as the plan is effective, which typically starts on the first day of the month in which an individual enrolls, with no mandatory waiting period.

Thus, the correct statement regarding Medicare Part D plans is that the cost varies depending