Avoid Medicare Part D Penalties With Expert Guidance
Enrollment Periods and Special Circumstances
Understanding when to enroll is crucial. The Initial Enrollment Period (IEP) for Part D coincides with your Medicare Part A and B enrollment, typically around your 65th birthday. Missing this window without credible coverage leads to penalties. However, there are Special Enrollment Periods (SEPs) for specific circumstances, such as losing employer coverage or moving out of your plan’s service area2.