Sep 282011
Many seniors are searching for help finding Medicare insurance news for Medicare Part B (Advantage Plans) and Medicare Part D (standalone drug plans). There are many resources for seniors to find out about Medicare plans (such as HMO plans, PPO plans, or PFFS) offered to retirees For instance, the first place a Medicare eligibly senior should look for information about Medicare Advantage insurance is the government website at medicare.gov.
This website provides important enrollment applications and forms, deadlines and Medicare enrollment periods that seniors can use.
One important note is that seniors should enroll in a new Medicare D plan each year.
There is a penalty for those qualifying seniors who do not enroll in a Medicare D plan, with a penalty percent that accrues each month! This requirement is waived for seniors with credible coverage from another prescription plan. It’s important to enroll immediately in these Medicare D plans to avoid penalties.