108 Medicare Terms Defined

Medicare Glossary

Plain-English definitions for every Medicare term — from ABN to ZIP enrollment. No jargon, no confusion.

Showing 1 result for "Late enrollment penalty"clear search

C

Creditable Coverage

Enrollment

Health or prescription drug coverage that is at least as good as Medicare's standard coverage. If you have creditable coverage when you turn 65, you may be able to delay enrolling in Medicare without facing a late enrollment penalty.

Ready to use your new knowledge?

Find a licensed Medicare agent near you

Browse completely free. Your contact info is never shared until you choose to reach out.

Find My Agent →