When it comes to Medicare, thinking ahead is most beneficial. If you are not well-prepared beforehand, you might find it overwhelming and possibly confusing.
Here’s a breakdown of questions you may have about preparing for Medicare and a checklist of things to do as the days go by.
What to Know About Enrollment
You will technically become eligible for Medicare three months before you turn 65, and then you will have up to three months after your 65th birthday month to enroll in Medicare. This 7-month period is known as your Initial Enrollment Period.
But, why the rush to enroll so quickly?
Well, it’s important to enroll as soon as you become eligible because missing this 7-month signup window may lead to you incurring late enrollment penalties that will be added to your monthly premiums.
Medicare enrollment is also sometimes automatic if you have been getting Railroad Retirement Board or Social Security benefits at least four months before turning 65. You’ll also automatically be enrolled if you are under 65 with a disability and have been getting Social Security or RRB disability benefits for at least 24 months.
You will also be automatically enrolled in the same month your disability benefits begin if you are diagnosed with Amyotrophic Lateral Sclerosis (ALS).
If none of these scenarios apply to you, then you will have to enroll manually during your Initial Enrollment Period.
The Medicare Pre-65 Checklist: Dates You Need to Know
- 6 months before you turn 65
- Educate yourself on the different parts of Medicare. You can do this by going online or reaching out to an experienced insurance agency, such as Medigap Supplement Headquarters, who will answer any questions you may have. We’ll even help you through the enrollment process when the time comes.
- Check with your doctor(s) if they accept Medicare.
- After doing these first two steps, determine whether you should add on a Medicare Supplement, Medicare Advantage, or Medicare Part D plan along with your Original Medicare plan.
- 3 months before you turn 65
- After gaining an understanding of each part of Medicare, now is the time to enroll. Of course, you will have seven months to enroll in Medicare starting from the three months before your 65th birthday month, but enrolling as soon as possible will be more beneficial.
- Reach out to Medigap Supplement Headquarters! We will, of course, help you through the enrollment process and answer any questions or address any concerns you may have.
Need Help Preparing For Medicare?
Medigap Supplement Headquarters has you covered! When it comes to preparing for your transition into Medicare, it can seem overwhelming and confusing, but with Medigap Supplement Headquarters, it doesn’t have to be. Reach out to us today at (407) 924-8109 to learn more about what you can do to prepare for Medicare.