If you’re nearing age 65 and want to understand Medicare read on. If you’re anything like 99% of our clients you are sick of TV ads, post cards, emails, people coming out of the bushes when you least expect it. There is so much Medicare noise. Nowhere to get good unbiased information. You’re not alone. Tens of thousands of people turn 65 every day and most of what they know about Medicare are the mounds of mailers they get in the months before their 65th birthday.
Transitioning to Medicare explained
First: If you don’t enroll on time you may have to pay a monthly penalty for the rest of your life. People drawing Social Security prior to age 65 are typically automatically enrolled in Part A and Part B on their 65th birthday. If not you will most likely need to manually enroll. The first time you can enroll is called your initial enrollment period and it lasts seven months. Your initial enrollment period usually begins three months before the month you turn 65 and ends three months after the month you turn 65.
Finding proper coverage
If you are auto enrolled it will only be in Part A and Part B. If you want Dental, Vision, Hearing, Prescription Drug Coverage, Long Term Care Coverage and others you will need to sign up for a plan.
- Confirm your eligibility
- Determine if you need additional coverage beyond Parts A and B
- Apply for Original Medicare at your Social Security office or their website
- Begin shopping for your additional coverage
The best thing to do is to have a licensed Medicare agent, like the ones here at Medicare Policy Center, list out the things you need and find the best blend of price and coverage for you.
We’re one of the most trusted names in Medicare Transition Consultation
Medicare Policy Center has helped thousands of Medicare beneficiaries all over the United States pick and keep the best Medicare Supplement (Medigap), Prescription Drug Plan, and/or Medicare Advantage Plan. We make the transition to Medicare seamless and stress-free. Give us a call or submit a request for a free consultation today!