Dallas County Medicare Part D Prescription Drug Plans
Prescription Drug Plans Made Easy
Dallas County Medicare Part D Prescription Drug Plans
Part D refers to prescription drug coverage under Medicare. Like Part C, Part D prescription drug plans are available through private health insurance carriers. You only sign up for Part A and Part B through Social Security.
Why Do I Need Medicare Part D?
If you have not taken any prescription medications recently, you might be wondering why you would need a prescription drug plan. Remember that it is essential to consider the future when selecting this coverage. If you need to pay for prescription drugs in the future, you will have coverage in place and fewer out-of-pocket costs.
When you enroll in a Part D prescription drug plan, you pay a monthly premium. In exchange, your copays for your prescriptions will be lower.
What Happens if I Delay Signing Up for Part D?
Like with Part B, if you are late signing up for Part D, you can be subject to a late enrollment penalty. The penalty gets added to your monthly premium. Even if you do not currently take any medications, you should not wait to sign up for Part D because the penalty remains for as long as you are on the plan.