What Are the Medicare Late Enrollment Penalties?

Medicare Late Enrollment Penalties FAQ

If you delay enrolling in certain parts of Medicare without having creditable coverage, you may face a Late Enrollment Penalty (LEP). This can lead to permanent increases in your monthly premiums.

How to Avoid These Penalties

• Enroll on time during your Initial Enrollment Period

• Only delay enrollment if you have creditable coverage (from an employer, VA, TRICARE, etc.)

• Keep documentation of creditable coverage in case you need to prove it later

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