When Do I Enroll in Medicare?

You have a six-month window to enroll for Medicare starting three months before your 65th birthday and ending three months after. As mentioned above, if you’re already receiving Social Security at age 65, you’ll automatically be enrolled in Part A, but if not and you enroll more than three months after your 65th, you may be subject to a late enrollment penalty.

 

You will be enrolled automatically in Part B, if you are receiving Part A automatically.  Suppose you don’t want Part B?  You’ll need to take affirmative action not to be enrolled.  Also, signing up beyond three months after your 65th birthday may result in additional fees for your premium unless you qualify for one of the Special Enrollment Period exceptions.

 

Part D is entirely different.  You may sign up when you sign up for Part A.  Or, every November 15-December 31 is an open enrollment period during which you can join.  Further, during this open enrollment period you can switch from one plan to another.  As with other Parts of Medicare, late enrollment in Part D may lead to higher premiums.

 

As always, please visit our website www.weslingfinancial.com or email us at info@weslingfinancial.com for further info and to discuss your personal situation.