Medicare QuestionsCategory: General MedicareWhat is the late enrollment penalty fee?
Ashley Staff asked 1 year ago
1 Answers
Ashley Staff answered 1 year ago

You are required to enroll in Medicare during your IEP (Initial Enrollment Period). That means that from three months before your 65 birthday to three months after, you are required to select Medicare coverage for prescription drugs and medical care. If you do not enroll during your IEP, you may be charged a late enrollment penalty fee. The fee will be added to your premiums when you enroll.

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