It is true that there are financial penalties sometimes with Medicare. However, it's very important to know if and when those penalties would occur and how to avoid them.
Depending on the number of employees your company has, you may be able to waive Medicare Part B without any penalties, stay on your group insurance, and enroll into Medicare at a later date saving you thousands of dollars per year. But many group policies have become more expensive over the years and depending on your out-of-pocket costs, it may be beneficial for you to start Medicare as soon as possible.
Our team can help you compare your options.