1. 1. Cook penne pasta according to package instructions. Drain and set aside.

2. 2. In a large skillet, melt butter over medium heat. Add diced bell pepper, chopped red onion, and cook until softened.

3. 3. Add cream cheese, whipped cream, grated parmesan cheese, dried oregano, dried basil, and ground nutmeg to the skillet. Stir well until the cheeses are melted and the sauce is creamy.

4. 4. Add the cooked penne pasta to the skillet and toss to coat the pasta in the creamy sauce.

5. 5. Serve hot and garnish with additional grated parmesan cheese and fresh herbs if desired.