If you join a Medicare drug plan, you pay a monthly premium. Part D is optional. If you decide not to enroll in a Medicare drug plan when you are first eligible, you may have to pay a penalty if you choose to join later.

Medicare drug plans are run by insurance companies and other private companies approved by Medicare.

There are two ways to get Medicare prescription drug coverage:

1. Join a Medicare Prescription Drug Plans that adds coverage to

• the Original Medicare Plan,
• some Medicare Private Fee-for Service Plans,
• some Medicare Cost Plans, and
• Medicare Medical Savings Account Plans.

2. Join a Medicare Health Plan (like an HMO or PPO) that includes prescription drug coverage that is a part of the plan. You get all of your Medicare health care including prescription drug coverage through these plans.

Source: http://www.medicare.gov

• Understanding Medicaid
  
• Medicare Plan Choices
  
• Medicare Advantage Plans
  
• Understanding Medicare
  

• Seniors Online Community & Discussion Forum
• Senior Care Facility Search
• Senior Facility Registration