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	<title>New answer on: Can I Sign Up For Medicare Part B Late?</title>

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		<title>By: Jason Goldenzweig</title>

		<link>https://insurancelibrary.com/medicare-insurance/can-i-sign-up-for-medicare-part-b-late</link>

		<dc:creator>Jason Goldenzweig</dc:creator>

		<pubDate>Fri, 18 Apr 2014 20:23:48 +0000</pubDate>

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		<description><![CDATA[Yes, however, the best time to sign up for Part B is during your initial enrollment period when you turn 65.

If you choose not to enroll in Part B when you&#039;re first eligible, you can enroll during the General Enrollment Period - January 1st to March 31st of each year. When you do this, the effective date will be July 1st.

You may be subject to a late enrollment penalty if you don&#039;t sign up when you&#039;re first eligible: an additional 10% is added to your premium for every year you did not have the coverage. You can avoid this penalty if you qualify for a special enrollment period - the most common way this happens is coming off of a group plan. A special enrollment period is an 8-month window to enroll in Part B without the penalty being tacked on to the premium. If you enroll during this 8-month window, the effective date would become the first day of the following month.]]></description>

		

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		<title>By: Benjamin Thornton</title>

		<link>https://insurancelibrary.com/medicare-insurance/can-i-sign-up-for-medicare-part-b-late</link>

		<dc:creator>Benjamin Thornton</dc:creator>

		<pubDate>Fri, 18 Apr 2014 18:46:22 +0000</pubDate>

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		<description><![CDATA[You can sign up for Medicare Part B late, but there may be penalties.

If you do not enroll in Medicare Part B when you first become eligible, you can enroll during the open enrollment period from January 1 and March 31 each year.  If you sign up during this period, your plan will become effective July 1.  You will be charged an additional 10% on your premium for every 12 months you went without coverage.

However, if you didn&#039;t enroll because you were covered by a different insurance plan, you can sign up during the eight months following the end of that plan without a penalty.]]></description>

		

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