What is the purpose of the Statement of Medicare (SoM)?

The Statement of Medicare (SoM) serves the crucial role of summarizing benefits and costs for beneficiaries. This document provides individuals enrolled in Medicare with clear and concise information about their coverage, including details about what services are covered, any associated costs, and their out-of-pocket expenses. By summarizing this information, the SoM ensures that beneficiaries can understand and plan for their healthcare expenditures, making it easier to access necessary medical services while being aware of their financial responsibilities.

The other choices, while related to healthcare and insurance, do not accurately represent the primary purpose of the SoM. It doesn't aim to provide a comprehensive list of all services available nationwide nor does it promote insurance companies or supply legal information. Instead, its specific focus is aimed at enhancing beneficiaries’ understanding of their Medicare benefits and costs.