Limiting Late Enrollment Penalties in Medicare Programs
This bill aims to limit financial penalties for individuals who enroll late in Medicare programs (Parts A, B, and D). The changes affect how these penalties are calculated, especially for re-enrollment after a previous coverage termination. This helps citizens avoid long-term, high fees for delays in health insurance.
Key points
Late enrollment penalties for Medicare Parts A and B will only apply for the first 12 months of re-enrollment, not for the entire period of coverage.
For re-enrollment in Medicare Part D (prescription drugs) after a previous termination, penalties will only be calculated for months without coverage, not for the entire period of delay.
Expired
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