Let our office help you take the confusion out of selecting the right Prescription Drug Plan (PDP) for you. There are two main ways to get your Medicare drug coverage - Original Medicare or select a Medicare Advantage Plan.
Part D Late Enrollment Penalty
If you do not enroll in a Part D prescription drug plan when you first become eligible for Medicare (during your initial Enrollment Period) you may pay a premium penalty if you decide to enroll in a Part D prescription drug plan at a later date. Use the following PDF document to help you decide which way to get your coverage.
Anyone who has Medicare can get Medicare prescription drug coverage. Some people with limited resources and income
also may be able to get Extra Help to pay for the costs – monthly premiums, annual deductibles and prescription
co-payments – related to a Medicare prescription drug plan. The Extra Help is estimated to be worth about $4,000 per year.
Many people qualify for these important savings and don’t even know it.
To qualify for Extra Help: