Which statement is NOT true about Low Income Assistance for Part D plans?

The statement indicating that benefits are automatic for all Medicare beneficiaries is not true. Low-income assistance for Part D plans, known as the Extra Help program, is specifically designed to aid beneficiaries who have limited income and resources. Not all Medicare beneficiaries qualify for this assistance; rather, individuals must meet specific income and asset criteria to be eligible for the program. This eligibility cannot be assumed or considered automatic across the entire Medicare population, as it is targeted to those who require additional financial support for their prescription drug costs.

In contrast, the other statements correctly convey key aspects of the low-income assistance process. The qualifications being reviewed every three years allows for periodic assessment of a beneficiary's eligibility, ensuring that assistance aligns with their current financial situation. Additionally, because income limits are updated annually, the program can adapt to changes in economic conditions, ensuring that those who may become eligible over time are considered. Finally, the Social Security Administration plays a crucial role in determining eligibility, as they handle the assessment based on the financial criteria set forth for this assistance program.