I still work full time but am on medicare. My Cigna coverage is $80-90 a month.
I only have a low cost blood pressure prescription that I take.
Do you get the discount on prescriptions that insurance companies with discount cards? Can I add part D in the future if I drop it?
I hate calling Cigna.
No. Part D can be tricky it’s technically optional, but most older people will eventually need prescription drug coverage as they age. If you start coverage later, you’ll have to pay all the missed premiums as a lump sum before your coverage begins.
The penalty is an extra 1% premium for every month not enrolled.
Shop around for a cheaper plan during Open Enrollment.
Once you have insurance, you can switch plans, but if you drop your coverage completely, you will face a penalty.
I use a broker who has a database to find the best plan for my specific medications. I’ve been getting my coverage through AARP, which offers good plans with United.
So, a little over $83 a month. You can probably find a cheaper Part D…annual enrollment period is coming up. Oh, don’t drop it.
There are cheaper part d plans.
Call Social Security. If you drop it you will pay a much higher price to return because you become a worse insurance risk. (Don’t do it.)