Why Enroll In Medicare Part D?
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63333 POINTSview profilePeggy MaceMost of the U.S.Enrollment in Medicare Part D is to help pay for prescription drugs. Medicare Part A pays for hospitalization, skilled nursing care, home health, and hospice. Medicare Part B pays for medically necessary and preventative services, plus medical equipment, mental health treatment, ambulance, and limited outpatient drugs. Prescription drugs can be a huge part of health care costs, so Medicare Part D helps offset that part of health care costs.Answered on September 1, 2013flag this answer
2330 POINTSview profileSteve AdlmanOwner, Alabama Medicare Plans, Birmingham, AlabamaYou need to enroll in Medicare Part D to help pay for outpatient prescription drugs. Even if you are not taking any prescriptions medications or just some very inexpensive medications you still need to enroll in a Part D plan. If you wait to to enroll in a Part D plan after your initial enrollment period ends you will have to pay a late enrollment penalty that will never go away, it is permanent. After your initial enrollment period ends the only time you can enroll in a prescription drug plan is between October 15th and December 7th, the annual enrollment period each year. What if you are prescribed an expensive medication in June and have to wait till the annual enrollment period to get a drug plan that will not take effect until the first of the year? The late enrollment penalty is approximately 32 cents a month for each month you could have been enrolled but were not. My advice is to enroll in a Medicare Part D plan as soon as you are eligible to do so.Answered on May 23, 2016flag this answer
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