It is my understanding that if a person doesn’t enroll in medicare upon turning 65, that once they do enroll they are charged a penalty for each month past 65 that they waited. I have heard that this penalty is in the form of a permanent increase in premiums. Why? Seems like a person saves the system money by not using it. Personally my 90/10 @ work is better, & I am younger than my husband. Why be penalized for refusing lesser coverage for him as long as I work & pay for it? Makes no sense if true. I am hoping someone who knows more about medicare than me can contribute their knowledge here please.
Related Topics
| Policy | Replies | Views | Activity | |
|---|---|---|---|---|
| Removal of Medicare penalty fee for late enrollment | 2 | 12 | November 18, 2024 | |
| End Medicare penalty, Have Medicare when SS is collected | 0 | 5 | November 9, 2024 | |
| Part d penalty | 0 | 5 | November 14, 2024 | |
| Social Security and Medicare should be the same age requirement | 0 | 17 | November 17, 2024 | |
| Stop CMS from increasing a stated initial penalty every year | 2 | 13 | January 8, 2025 |