AARP Hearing Center
Tracy Thompson is a journalist and editor who has worked for the Atlanta Journal-Constitution and the Washington Post. She is the author of three books and lives with her family in the Washington, D.C., suburbs.
Leaving AARP.org Website
You are now leaving AARP.org and going to a website that is not operated by AARP. A different privacy policy and terms of service will apply.
Tracy Thompson,
Yes. If you aren’t covered by one of the exceptions listed below, you can be charged up to 10 percent more for Medicare Part B — the part of Medicare that provides standard medical insurance — for each full year past the eligibility age of 65 that you delay enrolling. (That is, 10 percent if you waited 12 months, 20 percent if you waited 24 months, and so on.)
The penalty is applied permanently to your premiums, and it adds up. Medicare Part A, which covers hospitalization, costs nothing for most recipients, but Part B carries premiums. The base rate in 2026 is $202.90 a month. If you’re carrying a one-year late fee, you’ll pay an extra $243.48 for Part B in 2026 and bigger surcharges in future years as premiums rise.
Now for those exceptions. You can choose not to sign up for Part B at 65 without facing a late fee down the road if:
Tracy Thompson is a journalist and editor who has worked for the Atlanta Journal-Constitution and the Washington Post. She is the author of three books and lives with her family in the Washington, D.C., suburbs.
ARTICLE CONTINUES AFTER ADVERTISEMENT
More on Social Security
Social Security and Medicare: How They Connect
Medicare Premiums and Social Security Deductions
Medicare Premiums and Social Security Deductions