Which of the Following Statements Concerning Medicare Prescription Drug Plans

question 38

Multiple Choice

Which of the following statements concerning Medicare Prescription Drug Plans is (are) true?
I.The monthly premium is based on the health status of the beneficiary and the number of prescriptions the beneficiary needs.
II.After the beneficiary has paid an initial deductible, Medicare pays the entire cost of all prescription drugs the beneficiary needs.

• A) I only
• B) II only
• C) both I and II
• D) neither I nor II

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Definitions:

Deposit Only

A banking feature allowing for the deposit of funds into an account but not permitting withdrawals without specific authorization.

Indorsement

Indorsement refers to the act of signing one's name on the back of a negotiable instrument, such as a check, thereby transferring rights or title to another party.

Film Arts

The field concerned with the creation, analysis, and critique of films as a form of artistic expression.

Conditional Indorsement

An endorsement on a negotiable instrument that specifies conditions under which the endorser can be held liable.