APPLY EARLY, or
be PUNISHED SEVERELY.
Here is a table which
shows you the earliest that you can enroll in Medicare, and
how individuals are punished, if they failed to register
during their Initial Enrollment Period.
YOU MUST KNOW
about your "Initial Enrollment Period".
If you don't, you get screwed. Nobody told me anything about
If you miss your IEP, you are punished 4 WAYS -
1. You will suffer a PENALTY of NO COVERAGE, until you ARE
able to enroll, on the next Jan. 1
2. There is an EXTRA 3 to 6-month waiting period until your
insurance will go into effect,
3. Your Part B premium will be increased by 10% (cumulative
4. The earlier in the year your birthday is, the more you
on the Chart to expand