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How to Avoid Becoming A Medicare Statistic

Vedanth Bhartee

Writer · Reviewed by Richard Chan

Updated Jun 12, 2026

1 min read

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CoverRight co-founder Richard Chan shares a few key ideas to help you avoid becoming a Medicare statistic. 

He reviews two key Medicare statistics and shares advice on how to avoid becoming one of those recipients impacted. 

  1. A million people are paying late Medicare enrollment penalties (these never go away). Richard offers some tips on how to make sure you sign up on time.
  2. 9 out of 10 people on Medicare are paying too much for their prescription drugs. With a little research and expert advice, they can switch drug plans to a lower-cost plan.
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