Ep. 244 - The dreaded ”lifetime late enrollment penalty”; don‘t let it snag you!


Manage episode 303987731 series 2652782
By Douglas B. Jones, CLU, RHU with Randy Carson of C2C Consulting, Douglas B. Jones, CLU, and RHU with Randy Carson of C2C Consulting. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Anything that combines "penalty" with "lifetime" is something to be avoided like the plague! Is your drug coverage considered to be "creditable"? Ask your employer or the plan administrator, they are obligated to inform you about the plan's status.

If your coverage is considered creditable, you may keep it as long as you like without risk of being ensnared by the hated lifetime penalty.

(Most severe critic: A)

Inspired by "MEDICARE FOR THE LAZY MAN; Simplest & Easiest Guide Ever! (2021)" on Amazon.com. Return to leave a short customer review & help future readers.

Official website: https://www.MedicareForTheLazyMan.com

Send questions & love notes: DBJ@MLMMailbag.com

288 episodes