Governmental Regulations Informative - Drugs for the Drugless
ANYTOWN, MARYLAND -- Why must individuals purchase a drug insurance plan when they do require any drugs? For those of you familiar with Medicare, you know that all persons applying for Medicare Part A, and Part B are "encouraged" also to purchase Part D drug insurance. I was told by one company just don't buy it. But most others have told me that I will be penalized 1% a month (by the government) if I don't purchase it when I am first eligible for it. That's 12% a year. Why the penalty for being healthy? I am aware that I may in the future become drug dependent and need it. However, people may change plans freely every Nov/Dec. Anyone else in the same boat? I'd like to hear from you.