What is an Initial Election Period (IEP)?
If you just became eligible for Medicare Part A, or you already had Medicare and just turned 65, then you have an Initial Enrollment Period that you need to be aware of to get a Medicare Part D Prescription drug plan.
This Initial Enrollment Period is extends to 3 months after your Part A Effective Date.
With the help available to you on this resource page, you don’t have to worry. We’ll help guide you through the Part D details and show you how to get the right plan for you in just a few minutes.
Now, when it comes to Medicare Part D, there are some rules about eligibility. So, to help you navigate the system, as a service to our Medigap360 family, we’ve created a simple online resource that you can use. Click HERE
Important: If you miss this 3 month “Initial Enrollment Period”, which is actually 3 months prior and 3 months after your Part A Effective Date, then you’ll be faced with having to pay a lifetime penalty. Also, if you miss this window to enroll, you’ll have to wait until the Annual Enrollment Period to get a Part D prescription drug plan.