How to Avoid Late Enrollment Penalties for Medicare? - PowerPoint PPT Presentation

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Title:

How to Avoid Late Enrollment Penalties for Medicare?

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Avoid late enrollment penalties for Medicare by understanding your Medicare open enrollment options. Sign up during your Initial Enrollment Period around age 65, or use a Special Enrollment Period if you have qualifying employer coverage. Ensure your prescription drug plan offers creditable coverage to avoid Part D penalties. Missing deadlines can lead to permanent premium increases, so act promptly to maintain affordable healthcare access. To know more visit here – PowerPoint PPT presentation

Number of Views:1
Date added: 10 December 2024
Slides: 2
Provided by: elenadiego171
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Title: How to Avoid Late Enrollment Penalties for Medicare?


1
Steps to Avoid Late Enrollment Penalties
  • Know Your Initial Enrollment Period (IEP)
  • Understand Special Enrollment Periods
  • Verify Creditable Coverage for Part D
  • Enroll During the General Enrollment Period (GEP)
    If Necessary
  • Track Your Deadlines

Avoid late enrollment penalties for Medicare by
understanding your Medicare open enrollment
options. Sign up during your Initial Enrollment
Period around age 65, or use a Special Enrollment
Period if you have qualifying employer coverage
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