Medicare Late Enrollment Penalties
Lifetime Late Enrolment Penalties
Many older Americans who have Affordable Care Act insurance policies are going to miss a Sept. 30 deadline to enroll in Medicare, and they need more time to make the change, advocates say.
A lifetime of late enrollment penalties typically await people who don’t sign up for Medicare Part B, which covers doctor visits and other outpatient services, when they first become eligible at age 65. That includes people who mistakenly thought that because they had insurance through the ACA marketplaces, they didn’t need to enroll in Medicare.
Earlier this year, Medicare officials offered to waive penalties for the ACA insurance buyers under a temporary rule change that ends Sept. 30. Continue reading “Medicare Late Enrollment Penalties & Lifetime Late Enrolment Penalties”