What Is Medicare Part D Initial Enrollment?

Medicare Part D Initial Enrollment can coincide with basic Medicare enrollment but may not coincide with full Social Security retirement benefits. What is the Medicare Part D Initial Enrollment period?

Signing up for Medicare is not as simple as it once was. Until recently an individual signed up for Medicare when he signed up for his Social Security Retirement benefits. However, due to new laws governing when some people may make claim to the full Social Security Retirement benefits the time for Medicare Part D Initial Enrollment may not be the same time one signs up for his Social Security Retirement.

What Is Medicare Part D Initial Enrollment?

The Initial Enrollment for Medicare Part D prescription coverage benefits begins three (3) months before the month an individual turns sixty-five (65). The initial enrollment for Medicare Part D coincides with the initial enrollment for Medicare Part A and Medicare Part B. The Medicare Part D initial enrollment period extends three (3) months after the month an individual turns sixty-five (65). The window of opportunity for Medicare Part D initial enrollment is a total of seven (7) months to include three months before the month an individual turns sixty-five, the month of the sixty-fifth birthday and three months following the month of his sixty-fifth birthday.

What Do I Need to Know About Medicare Part D Initial Enrollment?

The window of opportunity for initial enrollment is a total of seven (7) months. If during that time period the person does not sign up for Medicare Part D he may be faced with a penalty should he decide to enroll in Medicare Part D at a later date. The penalty for missing the Medicare Part D initial enrollment should the individual decide to sign up at a later date will probably appear in the form of higher premium payments when he does enroll.

Related posts

1. When Is The Open Enrollment Period For Medicare?
2. When Is The Next Signup For Medicare Part D?
3. Will I Automatically Be Enrolled In Medicare When I Turn 65?
4. When Is Medicare’s Initial Enrollment Period?
5. When Does My Medicare Coverage Begin?

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