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What happens if I do not select and enroll in a Medicare Prescription Drug Plan?

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What happens if I do not select and enroll in a Medicare Prescription Drug Plan?

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Even if you do not use many prescription drugs now, you should still consider joining a Medicare Prescription Drug Plan. Medication costs continue to rise each year — dramatically, in some cases. As you age and your prescription needs change, your reliance on prescription drugs and expenses may increase. In addition, for most people, joining as soon as they are eligible means they will pay a lower monthly premium than if they wait to join at a later date.

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