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==== Part B Late Enrollment Penalty ==== If an individual does not sign up for Part B when they are first eligible, they may have to pay a late enrollment penalty for as long as they have Medicare. Their monthly premium for Part B may go up 10% for each full 12-month period that they could have had Part B, but did not sign up for it. Usually, they do not pay a late enrollment penalty if they meet certain conditions that allow them to sign up for Part B during a special enrollment period.<ref>{{cite web |url=http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf |title=Medicare & You 2020 |access-date=November 2, 2019 |archive-date=April 6, 2006 |archive-url=https://web.archive.org/web/20060406005133/https://www.medicare.gov/publications/pubs/pdf/10050.pdf |url-status=dead }}</ref>
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