A bill to amend title XVIII of the Social Security Act to restrict the time period within which a penalty for late enrollment can be imposed under part A or B of the medicare program.

Restricts payment of the penalty for late enrollment under part A (Hospital Insurance) or part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to a period equal to twice the number of years enrollment was delayed (currently, the penalty is assessed for the rest of a beneficiary's life).