![](\"http:\/\/www.seonewswire.net\/wp-content\/plugins\/wp-o-matic\/cache\/e0e331e5cb_tumblr-inline-mxpxhmYOsP1rkhmgn.jpg\")
<\/p>\n<\/p>\n<\/p>\n<\/p>\n
Not many Americans are aware of the penalties they may pay for forgoing any Medicare Part. It is best to understand these penalties before making any decisions relating to Medicare\/Medigap.<\/p>\n
Medicare<\/a> used to have just two Parts: A and B. It was not until later that Part C was appended, which allows private all-in-one plans to replace the two. Congress later brought in Part D to deal with prescription drugs. Medicare Advantage offers some plans that bundle up with drug coverage.<\/p>\n Part A does not come with a premium other than the payroll tax. Parts B,C and D have additional premiums that must be paid. Those looking to save money often think to do so by waiting to sign on the dotted line. However, the program does not work that way. There is a penalty when someone does not sign up for Part B,C or D after becoming eligible (unless he or she (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Not many Americans are aware of the penalties they may pay for forgoing any Medicare Part. It is best to understand these penalties before making any decisions relating to Medicare\/Medigap. Medicare used to have just two Parts: A and B.…<\/span><\/p>\n