Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to revise the late enrollment penalty to a 10% increase in the monthly part B premium due for premiums paid during a period equal to twice the number of months in each of the full periods of 12 months that the part B beneficiary could have been but was not enrolled under Medicare part B.
Excludes periods of COBRA and retiree coverage from calculation of the Medicare late enrollment penalty.
Establishes a special enrollment period for individuals whose COBRA or retiree coverage terminates.
Introduced in House
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Health.
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