What Are My Options for Medicare Prescription Drug Coverage (Part D)?
Even if you don’t take a lot of prescription drugs now, you should still consider joining a Medicare drug plan. If you decide not to join a Medicare drug plan when you are first eligible, and you don’t have other creditable prescription drug coverage (also called creditable coverage), you will likely pay a late enrollment penalty (higher premiums) if you join later. Note: Discount cards, doctor samples, free clinics, drug discount Web sites, and manufacturer’s pharmacy assistance programs aren’t considered prescription drug coverage and aren’t creditable coverage. If you have limited income and resources, you may qualify for Extra Help from Medicare to pay for prescription drug coverage. You may also be able to get help from your state.
