Its okay, Medicare Enrollment periods are confusing for most people. Be informed and be aware, missing an enrollment in medicare can cost you. Medicare should warn enrollees on steep late sign-up penalties. Roughly 750,000 Medicare beneficiaries paid late enrollment penalties in 2014, according to the Congressional Research Service (CRS). That is less than 2 percent of enrollees, but for those who do pay the penalties, the bite is painful. On average, total premiums for late enrollees were 29 percent higher, as reported by CRS.
Check the links below to get a look at the different Medicare enrollment periods for 2019 and beyond that you should be aware. You don’t want to paying more than you should for the coverage you need.
Contact Us at Nevada Medicare we can help you prepare and act on time for your enrollment periods.