A two-year Medicare Part B delay locks in a permanent 20% surcharge, costing roughly $9,700 in extra premiums over 20 years on today's base rate.
COBRA and VA healthcare do not stop the Part B penalty clock. Only active employer group coverage at a company with 20 or more employees qualifies.
Part D carries its own 1% monthly late penalty applied to the national base premium, recalculated each year and permanent for life.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Medicare enrollment is not a deadline that can be easily revisited. If you miss the window, the financial consequence is not a one-time fee that eventually disappears. It is a permanent percentage added to your monthly premium for as long as you have Medicare, and it grows the longer you wait.
#base #penalty
COBRA and VA healthcare do not stop the Part B penalty clock. Only active employer group coverage at a company with 20 or more employees qualifies.
Part D carries its own 1% monthly late penalty applied to the national base premium, recalculated each year and permanent for life.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Medicare enrollment is not a deadline that can be easily revisited. If you miss the window, the financial consequence is not a one-time fee that eventually disappears. It is a permanent percentage added to your monthly premium for as long as you have Medicare, and it grows the longer you wait.
#base #penalty
20 days ago
