Retroactive Enrollment in Medicare Part D

There are situations in which you may be able to enroll in Medicare earlier than expected and in this case you will receive a notice about retroactive enrollment.  This is a great opportunity to take advantage of the benefits that are available to you in everything, including prescription drug coverage or Medicare Part D.  What happens when you are enrolled retroactively in Medicare Part D?

 First, you will receive a notice from Medicare informing you that you are able to enroll early in the Medicare Part D coverage.  Your “Notice of Medicare Entitlement” will be available for three months from the date of the letter.  Once this three months is up you could face a penalty from Medicare for late enrollment if you enroll after the expiration.

So if you have any desire to enroll in Medicare Part D and you receive this letter you should be on the ball and not wait to enroll.  Take your time to make sure you are getting the right benefits, but otherwise you should get it done as soon as possible.  You don’t want to be facing the fees that come as a result of late enrollment in any kind of Medicare.

Filed under: General-Medicare

Tags: enrollment in medicare, medicare retroactive enrollment, Retroactive Enrollment in Medicare Part D