Washington, DC – Today, U.S. Representatives Young Kim (CA-40) and Nikema Williams (GA-05) introduced the Medicare Economic Security Solutions Act, a bipartisan bill that would lower Medicare costs for seniors by capping late Medicare enrollment fees.
Under current law, American seniors who defer enrollment in Medicare may unexpectedly find themselves with a higher bill due to late enrollment charges. This bill would cap the fee amount and duration for late Medicare Part B enrollment and lift penalties for COBRA, retiree, and Veterans Affairs (VA) enrollees who delay Medicare coverage.
Rep. Kim also co-led this bill in the 118th Congress.
“Seniors shouldn’t be punished for working later in life. Unfortunately, Americans can face higher fees for delaying Medicare enrollment,” said Congresswoman Kim. “The Medicare Economic Security Solutions Act will cap these unnecessary, burdensome fees hurting seniors already struggling on fixed income.”
“Seniors in Georgia’s Fighting Fifth and across the country are finding themselves hit with surprise fees simply because they didn’t know all the rules about signing up for Medicare. It doesn’t have to be this way. The Medicare Economic Security Solutions Act makes sure seniors who continued to work are not unnecessarily punished for missing confusing deadlines. This bill is about protecting our seniors and helping them get the care they’ve earned,” said Congresswoman Williams.
