So when should I begin thinking about and working on the transition to Medicare?
Are you approaching your milestone “65th” birthday? Is that birthday within the next 6 months?
Around that mark, you should start thinking about your health coverage moving forward. You can do your due diligence and contact a independent licensed Medicare agent to help answer any questions you may have as you approach your birthday month. Agents can answer questions at no charge and to help your mind feel as ease and provide you with answers so you feel comfortable with your decision when it is time to enroll.
At Age 64, it’s time to do your homework.
Know that you can enroll up to three months before you actually turn 65. If you plan to continue working past 65, there are things you need to know – so know your options. It’s always best to speak with a licensed insurance agent, preferably us – or go to Medicare.gov to learn more.
Age 65 is your initial enrollment period.
If you are currently collecting social security, you will automatically be enrolled. Otherwise, you must actively enroll between three months before turning 65, or within 3 months after turning 65.
Special period for late retirees.
If you worked past age 65 and were covered by your employers group insurance plan, you can enroll in Medicare up to eight months after retirement.
The “general enrollment” period.
You can enroll between January 1 and March 31 each year. If enrolling during this period you coverage would start July 1 of that year. Enrolling during this time may result in higher premiums plus penalties for late enrollment.
Additional Tips!
You can enroll in Medicare Parts A and B in the following ways. Online at ssa.gov, over the phone by calling your local Social Security office, by faxing or mailing form CMS-40B to your local social security office. Or you can always visit your local SS office in person.
Once you receive your Medicare ID card (2-4 weeks after applying) schedule an appointment with us. We can discuss best enrollment options for Medicare Advantage Part C, Medicare Supplements, or Part D Prescription Drug Plans.
