About Medicare Part D Penalties

The penalties are for whatever period of time you have been without any “Creditable” coverage as good as Medicare’s.

These penalties are NOT a one-timething, they will apply for the rest of your life.

The penalties will begin when you enroll in a plan. The lifetime penalties will be added to your premium for any time you were without a plan.

They will notify you of what the penalty calculation is.

This is why you do not want to miss your enrollment deadline.