Why can I delay Part B but still get a Part D penalty? [tJN53PP5yPU]
Another dumb Medicare rule: Part B may give you up to 8 months to enroll after employer coverage ends, but Part D does not wait that long if you go too long without creditable drug coverage. Translation: You think you're being smart by delaying Part B to save a few months of premium… and Medicare says, "Congratulations, now you may owe a lifelong Part penalty." Why? Because once you go 63 days or more without creditable prescription drug coverage, you can trigger a Part D late enrollment penalty that can stick with you for life. Just because you can wait longer for Part B doesn't mean you should. That's exactly why we usually recommend staying within the first couple of months when making your move. #Medicare #PartB #PartD #LateEnrollmentPenalty #RetirementPlanning #MedicareMistakes #ClearBenefitsAdvisors