Medicare Part D – Prescription Drug Plans

Medicare Part D is a prescription drug plan option provided by private insurance companies for those eligible for Medicare. These plans, approved by Medicare, are designed to make prescription medications more affordable and lower the overall annual medication costs.
Enrolling when you first become eligible is usually necessary to avoid penalties, although there are exceptions. Failing to enroll at the right time could lead to a late payment penalty.
Do I really need a drug plan?
Premiums, deductibles, and co-pays vary from plan to plan. More importantly, medications within a particular plan can change. It is crucial to review your Part D Drug Coverage each year to ensure you are not overpaying for your medications! You can schedule 15-minute consultation on my calendar to discuss this further.
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