Which of the following statements about the Medicare prescription drug

Which of the following statements about the Medicare prescription drug benefit is (are) true?

I. Beneficiaries select a prescription drug plan and pay monthly premiums, with the premium reduced or waived for low-income beneficiaries.
II. The benefit provides first-dollar coverage of prescription drugs up to a maximum of $10,000 per year, but no coverage after $10,000.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: A