Mr. Hutchinson has drug coverage through his former employer’s retiree plan. He is concerned about the Part D premium penalty if

Question

3 years ago

6

Mr. Hutchinson has drug coverage through his former employer’s retiree plan. He is concerned about the Part D premium penalty if

he does not enroll in a Medicare prescription drug plan, but does not want to purchase extra coverage that he will not need. What should you tell him?

Health

2 answers:

Brut [27] · Answer 1 · 2022-04-18T19:58:54+03:00

Brut [27]3 years ago

8 0

Answer:

As long as he has any sort of employer coverage, regardless of the level of coverage, he will incur no penalty if he does not enroll in a Part D plan when first eligible.

Explanation:

Kryger [21] · Answer 2 · 2022-04-18T18:06:50+03:00

Kryger [21]3 years ago

5 0

Answer:

If Mr. Rice drops his drug coverage through the retiree plan, he may not be able to get it back and he also may lose his medical health coverage.

Explanation: