I signed up for standard Medicare a few months ago.
I’m sort of like a fish, I like to swim in a large school.
I finally signed up for a Medicare Part D plan. I take no prescription drugs, but I entered in a few glaucoma drugs and a drug I remember from TV ads on the Medicare Part D website (which is nicely done). The prices of the drugs was shocking. If I had to take them, they’d cost from $5500 to $13000 per year. I found the Wellcare $0 premium plan had the lowest fixed cost and might only cost about $100 more annually if I needed drugs given its higher deductible.
If you don’t sign up for the Rx plan right away, they penalize you and it isn’t a one time charge. It’s that your premium is higher for the rest of your life. EVERY month.
It’s a continual penalty.
We found the cheapest plan going just to technically have one and found that Good Rx was the best Rx plan for us.