First, we are bullied in our childhood years......then it continues even worse in our senior years! It's like the big finale to our lifes ~_~. yay
2007-11-27
01:40:13
·
5 answers
·
asked by
taniaess
5
in
Politics & Government
➔ Government
by this question I was referring to something about medicare I happened to come accross---->
Missed Opportunities
Medicare is not forgiving. If you don't act during your initial enrollment period you could find yourself without health insurance for a significant length of time. Should you miss your six-month window, you'll have to wait until the following enrollment period (Jan. 1 through March 31 of the following year) to sign up for Medicare Part B. (Remember, Part A is usually automatic.) Coverage would then begin the following July.
Not only does this mean you could go months with no basic medical coverage, but you'll also pay more for your plan once you enroll. The government will penalize you an additional 10% on top of your policy for every year you're eligible for Part B Medicare that you don't sign up. "That can be a huge financial burden," says the Kaiser Family's Neuman.
Bottom line? Pay attention to deadlines here. Your health and your wallet are at stake.
2007-11-27
02:08:11 ·
update #1