Why Seniors Get Lifetime Medicare Penalties (Part B & Part D) | Voss Speros [JtP1f2LfLwh]
If Medicare’s all Greek to you, you’re in luck — I’m Greek. Why do people end up paying lifelong penalties for Part B and Part D? If you just take A because it’s free and don’t have credible coverage, later when you do need Part B or a Part D drug plan, there’s a penalty. Part B: 10% for every 12-month period you didn’t have it. Part D: about 1% per month of the average cost. Make sure to get on something at 65 or when you retire. Talk to a broker, find a plan. Get in touch with Voss: Read more answers from other agents: Ask a question of your own: #Medicare #PartB #PartD #MedicarePenalties #Turning65