If you haven’t enrolled in Medicare yet, you’ll be well ahead of the game by keeping these common mistakes in mind. Prevention is the best medicine!
If you’re currently enrolled, you can save yourself a lot of money and grief by knowing that you’re not committing any of these common mistakes.
1. Not enrolling in a Part D Prescription Drug Plan when first eligible. Not enrolling in a Part D Prescription plan and you can incur a late enrollment penalty of 1% for every month without coverage, that’s 12% a year.
By avoiding these common Medicare mistakes, you can ensure that you have the most economical coverage for your situation. Medicare can be complicated. Don’t go it alone. For health and financial peace of mind, take the time to examine your current coverage with a Medicare Specialist at Harris Advisors. We’d love to help you make this very important decision.
The information provided is for informational purposes only. Harris Advisors, a division of 360 Partners LLC, its affiliates, subsidiaries, employees, agents and/or representatives do not provide tax, investment, or legal advice. Please consult with your own tax, investment, or legal advisor with any questions..
Citations:
Medicare.gov
The information provided on this site is for informational purposes only. 360 Partners LLC dba Harris Advisors, its affiliates, subsidiaries, employees, agents and/or representatives do not provide tax, investment, or legal advice. Please consult with your own tax, investment, or legal advisor with any questions. Licensed in DE, GA, MD, NC, NJ, PA, and VA.