Question

Mr. Schultz was still working when he first qualified for medicare. At that time, he had employer group coverage that was creditable. During his initial part d eligibility period, he decided not to enroll because he was satisfied with his drug coverage. It is now a year later and mr. Schultz has lost his employer group coverage within the last two weeks. How would you advise him?.

Answer 1

Mr. Schultz should enroll in a Part D plan before he has a 63-day break in coverage in order to avoid a premium penalty.