By Reg Jones
Medicare Part B penalty
March 6th, 2013 | HEALTH INSURANCE Medicare Uncategorized
Q. I am 59 years old and covered under Federal Employees Health Benefits as the spouse of a CSRS annuitant. Due to a covered disability, I have been receiving Social Security Disability Benefits for the past 18 months and was just advised that I will be eligible for Medicare Parts A and B in June. If I decline Part B and decide to take it later, will I be subject to the Medicare Premium penalty?
A. Yes.
Tags: annuity, CSRS, disability, FEHB, Medicare Part A, Medicare Part B, penalty, SOCIAL SECURITY, spouse
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