Medicare Prescription Drug Plans (also known as Medicare Part D) are a new benefit provided by Medicare (since Jan. 1, 2006) and administered through private insurance companies. Similar to traditional Medicare, enrollment must occur within a certain timeframe or an individual is penalized for enrolling late (by having to pay a higher premium).
Medicare Prescription Drug Plans vary. As a result, it is important to compare them as they relate to your prescription medicine usage. The ISMA Insurance Agency can assist you.
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