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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The OP sounds like her doctors are in a concierge practice. It is baffling to me that you did not know Medicare coverage cost money. In the event you are unaware, do not forget to sign up for prescription coverage. Failure to do so will result in a lifetime penalty.[/quote]

Do: I don't understand why there are penalties for not signing up.  If you don't want/need it we shouldn't be forced to pay for it at 65+.  [/quote]

For the same reason you have to sign up for all insurance before you need it--pooled risk. If you could choose to just sign up for car insurance after you got in an accident, car insurance companies would go out of business. If the only people enrolled in Medicare were those who needed expensive medical treatment, it would be in an even worse financial position than it currently is.

Also, you aren't *forced* to pay for Medicare at 65. You can wait as long as you want, or never take it. But if you try to sign up only when you need expensive care, there is a penalty.  [/quote]

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