What You Need to Know to Enroll In Medicare At 65
Many people are of the opinion that signing up for Medicare whenever they are 65 is simple and straightforward. Meanwhile, as the situation may have it, this is not the situation. For instance, if you keep on working after your 65th birthday or if you have a health plan with your partner, this may complicate the situation. Here are certain things you should bear in mind as you approach 65 and when you sign up for the Medicare enrollment process.
- If you have received pensions for social security, automatically you will receive a Medicare card by mail 3 months before your 65th birthday. You will be enrolled in Medicare Part A & Medicare Part B. If you are not interested in Part B, adhere to the instructions and return the card to your local social security office for other actions.
- When you are 65 and still working, you will not be automatically enrolled in Medicare. If you want to enroll in Medicare, contact the Social Security Administration to begin the enrollment process.
- You have a 7-month enrollment period for Medicare that commences 3 months prior to your birthday and 3 months after your birthday.
- If you are still working and your company has more than 20 people on your payroll, you may not need Medicare B right away. Contact your human resources representative for more information.
- You must enroll in Medicare Part B if you have stopped working and have a retirement plan from your employer.
- Medicare A and B do not cover all services. In general, you need a Medicare Advantage plan or a Medicare supplement plan to cover some of your out-of-pocket costs. Supplementary plans and advantage plans are private insurance plans.
- Advantage plans of Medicare are also referred to as Medicare Part C. You can choose and sign up for a Medicare Advantage plan if you qualify for Medicare. You can sign up for the period of 7 months from 3 months before your month of birth and 3 months after your month of birth.
- You can also sign up for a Medicare supplement plan when you join Medicare. You have a 6-month period to enroll in an additional plan, beginning in the month you turned 65 or if you qualify for Part B of Medicare.
- You have no need for an Advantage plan of Medicare and a Medigap plan at the same time. You have to choose one over the other.
- Medicare Part D is the prescription drug plan. You will not be automatically enrolled in a Medicare Part D plan. You must register with https://www.2020medicareadvantage.org to get a Medicare Advantage plan or with a separate plan that only Medicare Part D offers.