Delaying Medicare Part B enrollment could cost later
By Greg Dill
April 8, 2017
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Like private insurance, Medicare spreads its costs across a “pool” of insured people that includes both those who are healthy and those with medical problems. Late-enrollment penalties are meant to ensure that people join the risk pool when they’re healthy, not just when they get sick. Thus, premiums paid by healthy people help offset the costs of those with illnesses.