If you do not sign up by May 15 and then you want to go with it after that sign up date, you will have a 1 percent penalty per month for every month that you wait to join. If you wait three years, you are looking at a 36 percent penalty per month. |
People who are on Medicaid will be picked up automatically by Part D Medicare on Jan. 1, 2006. You do have a choice of plan, but if you do not choose, then a plan will be chosen for you. And it may not be the one that you would want. |
Vets do not need this plan because they have a plan that is as good or better. |
You don't want to wait if you are paying out of pocket each month. |