Medicare

Avoid the Medicare Part D Premium Penalty

People who do not follow the program's health insurance coverage standards face Medicare premium penalty. When you initially become eligible for Medicare, enroll in Part D (prescription medication coverage) to avoid penalties. However, not everyone requires Medicare at age 65, and many people receive insurance or prescription coverage via their [...]

Medicare Part D Coverage: Does it Cover My Drugs?

Private insurance plans offer Medicare Part D, a prescription drug program. Medication coverage is also available through Medicare Advantage (Part C) plans. According to the Kaiser Family Foundation, 70% of eligible Medicare recipients are enrolled in Part D plans, or about 45 million people. The majority of people enrolled in [...]

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