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.
Click the link to pick up a copy of A Social Security Owner's Manual or if you'd prefer the Kindle version (and let's face it, ALL the cool kids do!), you can find that at this Kindle version link.
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
And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".