Late Enrollment Penalty Letter Prompts Questions
Question: I am new to Medicare, and I just retired. I received paperwork telling me I have a Late Enrollment Penalty and have to pay more money for my premiums? What should I do? Do I have to pay this? Answer: (This is a second part to last week’s question. But this is addressing Part D Benefits). The steps for getting onto Medicare are different for everyone, and the timeline to join can be different too. Every individual has a different set of variables they bring to the table when discussing Medicare and when to join. Most individuals become eligible for Medicare ...
