Avoid Costly Medicare Part D Enrollment Penalties Now

Avoiding the Penalty

To avoid the penalty, it's crucial to enroll in a Part D plan during your initial enrollment period, which begins three months before you turn 65, includes the month you turn 65, and ends three months after. If you miss this window, you can enroll during the annual open enrollment period from October 15 to December 7. Additionally, if you have creditable prescription drug coverage through an employer or union, ensure you get a letter verifying this to avoid penalties³.