Yes, you can enroll in a new Part D plan during a Special Enrollment Period: You may qualify for a Special Enrollment Period if you have certain life-changing events, such as losing your employer-sponsored prescription drug coverage or moving to a new area where your current plan isn’t available. If you qualify for a Special Enrollment […]
Can I still get coverage for part D Medicare if my plan is ending? Read More »
Yes, you will pay a penalty if you don’t have a Medicare drug plan while you’re on Medicare, unless you have creditable drug coverage from another source. The penalty is called the Part D late enrollment penalty. The penalty is calculated by multiplying 1% of the national base beneficiary premium (also called the “base beneficiary
Will I have a penalty to pay if I don’t have a drug plan while on Medicare? Read More »
GoodRx is a prescription drug discount card that can help you save money on your prescription medications. It is free to use and has no membership fees or obligations. GoodRx works by negotiating discounts with pharmacies on behalf of its users. When you present your GoodRx card at a participating pharmacy, you will receive the
What’s the deal with GoodRx? Read More »
One of the faults of Original Medicare is that it has no coverage for prescription drugs. So all the seniors transitioning from their health coverage to Medicare once they reach age 65 have to find a way to afford their medications. Fortunately, separate Medicare Part D plans are available for prescription drug coverage. As we
Who Needs Medicare Part D? Read More »
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