Tag: late enrollment penalty

2 articles

All medicare (10) Medicare Costs & Financial Help (7) Medicare Education (6) Medicare Enrollment (5) Medicare Supplements (2) Life Insurance (1)
Medicare Part D Late Enrollment Penalty After 63 Days
Medicare Enrollment

Medicare Part D Late Enrollment Penalty After 63 Days

The Medicare Part D late enrollment penalty is a monthly extra charge if you go 63 days or more without Medicare drug coverage or other creditable coverage after your first enrollment window. North Carolina seniors can avoid it by joining a drug plan on time or keeping creditable coverage from work, VA, or TRICARE.

By Seniors Insurance Hub
Medicare Part B Late Enrollment Penalty: How It Works
Medicare Enrollment

Medicare Part B Late Enrollment Penalty: How It Works

The Medicare Part B late enrollment penalty is a 10% add-on to your monthly premium for each full 12-month period you delayed Part B, and it usually lasts as long as you have Part B. North Carolina seniors generally avoid it by enrolling during the Initial Enrollment Period or a job-based Special Enrollment Period.

By Seniors Insurance Hub