Medicare Prescription Drug Plans provide prescription drug coverage to beneficiaries that elect to enroll in a prescription drug plan. Anyone having Part A and/or Part B and lives in a plan’s service area is eligible to join the plan. Remember: Part D is an additional out-of-pocket expense (premium) on top of what you already pay for your Part B premium.
Important: Beneficiaries who don’t enroll in a Medicare Prescription Drug Plan when they are first eligible may have to pay a late enrollment penalty to enroll in a plan later.
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