Yes, or you may wish to consider a low premium $0 deductible plan. If you are not using any medications and just
want to avoid the permanent
late-enrollment premium penalty, you may want to
join a Medicare prescription drug plan with the lowest premium. The 2016 stand-alone Medicare Part D plan with
the lowest monthly premium in most states is the
Humana
Walmart Rx Plan (PDP) with a $18.40 monthly premium in every state. The Humana Walmart Rx plan has a $360 initial
deductible, but tier 1 and tier 2 generics are exempt from the deductible.
If you prefer a stand-alone
Medicare Part D plan with no deductible (or $0 initial deductible), then you
might consider the
SilverScript Choice (PDP) that has a monthly premium ranging from
$11.40 in
Arkansas to $39.90 in
Alaska.
In addition, you can use our
MA-Finder to see if there are 2016 Medicare Advantage plans in your
area that include prescription drug coverage and have even lower or $0 monthly premiums. For example, there are two (2) Medicare Advantage plans in
Allegheny County, PA that have a $0 monthly premium and a $0 deductible. The
2016 Community Blue Medicare HMO Signature (HMO) even has a $0 co-pay for tier 1 generics.