If I’m healthy and not currently taking prescription drugs, should I wait to enroll in a Medicare Part D plan?

When you become eligible for Medicare Parts A and B you should enroll in a Part D plan to ensure you have coverage especially if you think your health status may change in the future. If you do not enroll in a Part D plan when you first become eligible you may pay a late enrollment penalty for the number of months you didn’t have coverage when you didn’t enroll. Read more about Medicare penalties here.

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Posted on: August 1, 2014
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