If you’re turning 65 and already have health or prescription drug insurance, you may be able to delay Medicare enrollment without late penalties – as long as you have creditable coverage. In this post, we’ll explain what Medicare means by creditable coverage and how it can help you avoid costly late enrollment penalties.  

Thanks to the Affordable Care Act (ACA), the donut hole closed completely in 2020.

According to KFF.org, nearly half of enrollees do not change their Medicare coverage during Annual Enrollment.

Failure to maintain creditable drug coverage could land you with late enrollment fees once you do sign up for Medicare Part D.

Explore key topics like plan tiers, premiums, pharmacy options, and coverage gap considerations, empowering you to optimize your prescription drug coverage effectively.