Part D late enrollment penalty
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- Generally, you won’t have to pay a Part D penalty if:
- You have
(coverage that’s similar in value to Part D) OR
- You qualify for Extra Help
- You have
- You’ll pay an extra 1% for each month (that’s 12% a year) if you:
- Don’t join a Medicare drug plan when you first get Medicare.
- Go 63 days or more without creditable drug coverage).
- You may also pay a higher premium depending on your income.
- After you join a Medicare drug plan, the plan will tell you if you have to pay a penalty and what your premium will be.
- Generally, you won’t have to pay a Part D penalty if:
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I am licensed to insurance in MA, KY & FL. I am Bi-lingo (English & Cape Verdean).
I am contracted with many insurance carriers such as Humana, Commonwealth Care Alliance, Aetna, Physicians Mutual, AARP, United HealthCare and more. I specialize in Medicare Products, but also sell Life & Dental insurance for all ages. I would love to talk to you and answer any question that you may have. Feel free to contact me via Text, Email or just Call!
