If you don't sign up for Part B when you're first eligible or if you drop Part B and then get it later, you may have to pay a late enrollment penalty for as long as you have Medicare. Your monthly premium for Part B may go up 10% for each full 12-month period that you could have had Part B, but didn't sign up for it.

Usually, you don't pay a late enrollment penalty if you meet certain conditions that allow you to sign up for Part B during a Special Enrollment Period.

Example: Your initial enrollment period ended September 30, 2009. You waited to sign up for Part B until the General Enrollment Period in March 2012. Your Part B premium penalty is 20%. (While you waited a total of 30 months to sign up, this included only 2 full 12-month periods.)

If you have additional questions about this Late Enrollment Penalty or you have any other Medicare questions, please Do Not hesitate to give Dawn or I a phone call.

We are here to help providing "OLD FASHION" customer service with No Obligations.

Sincerely,
Dave and Dawn Cook
www.SafeGuardAssurance.com
(941) 932-1388 or 1389