The statement is True, Initial Enrollment Period (IEP) must be the first of the month following the month the enrollment is submitted.
Initial Enrollment Period (IEP) is the time period in which a person is qualified for medicare which is the first of the month after the month in which the person submit his or her enrollment form.
Their is penalty for a person who enrolled late as such person will be charged an amount which will be added to the person drug medicare coverage.
Such person shall continue to pay the penalty charges as long as the person still make use of the drug medicare coverage.
Their is also a special enrollment time period for people who misplaced or lose their insurance coverage as it allowed them to modify their drug medicare coverage.
Inconclusion the statement is True, Initial Enrollment Period (IEP) must be the first of the month following the month the enrollment is submitted
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