The Medicare Prescription Drug Plan (PDP) enables Medicare eligible people to obtain medications at low cost. Health insurance companies offer plans which vary by state.
About 20 different medical insurance companies offer Medicare Prescription Drug plans in California. For a comprehensive list go to the Medicare web site which lists California health insurance companies.
May 15, 2006 is the deadline to enroll in a PDP plan. People who are eligible and do not enroll by this deadline must pay a penalty of 1 percent of the cost of the prescription drug plan premium for each month they delay in enrolling. So, if you’re eligible, sign up now.
Also, if you currently have a California medicare supplemental plan which offers prescription medicine you may want to cancel the prescription medicine portion of your supplemental coverage and use the PDP plan benefits.
For assistance with enrolling in California medicare supplemental plans and California Medicare prescription drug plans click here or call www.BenefitsCafe.com at 800-746-0045.