What is the Medicare Special Enrollment Period (SEP) ?
If you are age 65 or older, you or your spouse are still working and you are covered under a group health plan based on that current employment, you may not need to apply for Medicare medical insurance (Part B) at age 65. You may qualify for a “Special Enrollment Period” (SEP) that will let […]
What’s the Part B late enrollment penalty?
If you don’t sign up for Medicare Part B when you’re first eligible and don’t qualify for a Special Enrollment Period, you may have to pay a late enrollment penalty. This penalty is added to your monthly Part B premium and lasts for as long as you have Part B. The penalty is 10 percent […]