General enrollment period/Medicare Part B--confirming timeline

[yorkriver1]

Prospect somehow didn't pay their Part B and wants to wait until FRA which will be June 1 2025 before collecting Social Security.
I believe since they let their Part B on self pay lapse 4/30/24, they would still have to re-enroll in Part B by 3/31/25, the end of the general enrollment period, & pay the 1st 3 months--including the late enrollment penalty. Then once Social Security starts, it will be deducted. Correct? I don't think applying for Social Security would give them an extension on enrolling in Part B in this situation.

 

[rmhaire]

I believe since they let their Part B on self pay lapse 4/30/24, they would still have to re-enroll in Part B by 3/31/25, the end of the general enrollment period, & pay the 1st 3 months--including the late enrollment penalty.

This is correct. If they haven't applied by 3/31, they have to sit it out until Jan 1 next year.

Then once Social Security starts, it will be deducted. Correct?

They still have the option to pay qtrly but yes.