Which statement is true regarding Medicare Part A?

The statement about Medicare Part A that is accurate indicates that it is funded through FICA taxes, which are payroll taxes collected from workers and their employers. This funding mechanism means that most individuals do not have to pay a monthly premium for Part A coverage when they reach the age of eligibility, typically when they qualify for Social Security benefits. Once eligible, enrollment in Medicare Part A is automatic for those who have paid enough FICA taxes throughout their working years, ensuring that they receive hospital insurance coverage without needing to take further action.

In contrast, the other statements do not accurately describe Medicare Part A. It does not cover all prescription drugs; that function is primarily the role of Medicare Part D. Not all recipients pay a premium, as many individuals qualify for premium-free Part A. Lastly, while Medicare Part A does provide some coverage for inpatient hospital stays, it primarily covers inpatient services rather than outpatient services, which are typically covered under Medicare Part B.