If you’re a Medicare participant, get ready to be bombarded with offers from health insurance providers within the coming weeks. The first date that you can sign up for Part D is November 15, and you have until May 15, 2006 in order to choose a plan without penalty.
So far, there has not been a lot of solid information on your options, other than the “gobble-de-gook” of the governmental description of the plan. Expect for the insurers to have much better descriptions and comparable policies that you can review in order to make a good decision.
If you’re confused about all of the options, there are a few good resources on the internet that can help. One in particular that I’ve found quite helpful in researching Part D is Terry Savage’s columns from the Chicago Sun-Times, found at www.suntimes.com.
As always, if you have questions, don’t hesitate to call – I’m certain that I can help you make the right decision when it comes to this complicated plan.
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I can learn from you, you can learn from me - please leave your comments and links!Jim Blankenship, CFP®, EA, is an expert in personal retirement, IRAs, and tax issues, with more than 25 years of experience in the industry. Read more from this author
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