What is the main objective of the Low Income Subsidy?

The main objective of the Low Income Subsidy (LIS) is to provide financial aid for Medicare Part D drug costs. This program is specifically designed to assist individuals with limited income and resources in affording their prescription medications. By offering financial support, the LIS helps to reduce the overall out-of-pocket expense for eligible beneficiaries, ensuring that those who might struggle with the costs of necessary medications can access them without undue financial burden. This also enhances medication adherence, as patients are more likely to fill their prescriptions when they can afford them, ultimately contributing to better health outcomes.

In contrast, the other options do not accurately reflect the purpose of the Low Income Subsidy. The program does not aim to reduce the number of prescription drugs available, nor does it primarily focus on enrolling individuals into Medicare Advantage plans or eliminating out-of-pocket costs for all healthcare services. Instead, its targeted approach is solely centered on making prescription drugs more affordable for those who need the assistance.