What will happen to your doctor if your QIO finds that the care you got didnít meet professionally recognized standards?:QuickMedicareSupplement.com

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What do you need to know if you have the Original Medicare Plan (Medicare Part A and Part B) and you don't have prescription drug coverage?

What do you need to know if you have the Original Medicare Plan (Medicare Part A and Part B) and you don't have prescription drug coverage? To have Medicare help pay for your drugs, you must join a plan that provides Medicare prescription drug coverage. You can decide and join the plan that meets your requirements. If you don't use a lot of prescription drugs at the present, you must still consider joining. As we age, most people need prescription drugs to stay fit. For the majority of people, joining now means you won't have to pay a penalty if you decide to join later. Your premium will be higher if you decide to join after December 31, 2006 because of the penalty.

You can join a drug plan from November 15, 2006 - December 31, 2006. In nearly all cases, if you don't join during this period, your next chance to join will be November 15, 2007 - December 31, 2007 and you will have to pay a penalty. This means you pay a higher monthly premium for as long as you have Medicare prescription drug coverage.

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