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Part D plans are not offered by original Medicare itself. Rather Medicare authorizes Part D plans from medicare advantage plan that meet yearly standards set by Medicare to be sold to the public. If you take expensive prescription medications, itu2019s definitely to your benefit to enrolling in a Part D plan when you become eligible for Medicare. To know more visit here https://www.capitalbluemedicare.com/wps/portal/capm/home/what-is-medicare/medicare-faq
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What Is Medicare Part D? Medicare part D plans are not offered by original Medicare itself. Rather, Medicare authorizes Part D plans from that meet yearly standards set by Medicare to be sold to the public. medicare advantage plan If you take expensive prescription medications, it’s definitely to your benefit to enroll in a Part D plan when you become eligible for Medicare. With any insurance product, the goal is to have as many people as possible in a group to spread financial risk around. Penalty Examples Initial Enrollment Period Late Enrollment Penalty