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People warned they could get a penalty if they don't enroll in Medicare Part D

 

October 8, 2019



Staff and wire report

With Medicare open enrollment underway, people are being warned that if they skip enrolling in the prescription drug coverage, Medicare Part D, enrolling in it later can cause significant penalty fees.

The Medicare website says the late enrollment penalty is an amount added to someone’s Medicare Part D monthly premium.

People may owe a late enrollment penalty if, for any continuous period of 63 days or more after the Initial Enrollment Period is over, they go without one of these:

• A Medicare Prescription Drug Plan — Part D

• A Medicare Advantage Plan—...



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