Listen to The Perfect Scam Podcast and Nominate It for a People’s Choice Podcast Award! Find Out More
From the AARP Bulletin Print Edition, March 1, 2010|Comments: 0
Q. When I retired at age 65, I didn’t take Medicare Part B. As a result, I’m being penalized for late enrollment and must pay higher premiums. Do I have any recourse?
A. Generally, you must pay the penalty, which amounts to an extra 10 percent of the Part B premium for each full year you delayed after retirement. But if you are covered under your spouse’s employer insurance, you can delay enrolling in Part B without penalty until he/she retires.
Also, if your state pays your Part B premiums under a low-income program, you will not pay a penalty.
Source: Jean Setzfand, AARP
Please leave your comment below.
You must be logged in to leave a comment.
Exclusive savings and benefits with the AARP Auto Insurance Program from The Hartford.
Members earn points on select Walgreens brand health and wellness products.
Members save $65-$200 on round-trip tickets purchased online.
AARP members receive exclusive member benefits & affect social change.
You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits.
Your email address is now confirmed.
Manage your email preferences and tell us which topics interest you so that we can prioritize the information you receive.
Explore all that AARP has to offer.
In the next 24 hours, you will receive an email to confirm your subscription to receive emails
related to AARP volunteering. Once you confirm that subscription, you will regularly
receive communications related to AARP volunteering. In the meantime, please feel free
to search for ways to make a difference in your community at