[promoted by BooMan]
At midnight, the enrollment period for Part D will end. Those who sign up later will have to pay a lifetime penalty. The description of which has not been specified on the medicare.gov website, as an example has been used instead.
Today, Michaeal Leavitt is quoted as saying,
“They needed that deadline or they wouldn’t sign up. In fact, the actuary for the government told us if we didn’t have a deadline, 1.6 million people fewer would actually sign up.”
The Congressional Budget Office estimates that extending the deadline through December would bring in 1 million more enrollees. But the government would forfeit $100 million in late fees this year, which would grow to $3.4 billion over 10 years.
Is that the real reason for not extending the enrollment period, despite repeated requests by the citizens/voters of this country to do so?