How Can One Avoid Parts B and D Penalties While Staying Overseas?

Dec 2, 2015

  1. sam816
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    sam816 Super Genius

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    If he wants to stay out of the country for 2-3 years, how can he avoid penalties when he is back?

    TIA.
     
    sam816, Dec 2, 2015
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  2. cadylou
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    cadylou Guru

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    As far as I know if they cancel B & D while gone & come back they'll pay a penalty. I had a couple who went to Ireland for 10 years for a consulting job - dropped B and were penalized heavily upon returning. . . not sure if that's the norm or not.
     
    cadylou, Dec 2, 2015
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  3. sam816
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    sam816 Super Genius

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    I know a couple lived in Taiwan for 10 years and was facing huge penalties when they wanted part B back, their penalties were eventually waived by SS, don't know how why though.
     
    sam816, Dec 2, 2015
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  4. MBSC
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    MBSC Expert

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    State:
    South Carolina
    For those not yet enrolled:
    You get a 2 month SEP with no late penalty for Part D upon returning. Avoiding the Part B penalty requires working or volunteering overseas and providing lots of documentation as described in the link.

    When to Enroll in Medicare if You Live Outside the United States

    Also:
    Source: https://www.medicare.gov/people-like-me/outside-us/signing-up-for-part-b-outside-us.html
     
    MBSC, Dec 3, 2015
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  5. cadylou
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    cadylou Guru

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    Well, mine had B when they were here & dropped it to go overseas, so I guess that's why they ended up with a huge penalty upon their return. Hey - nothing like the U.S. saying "welcome home"!!
     
    cadylou, Dec 3, 2015
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