Are you turning 65?
Are you ready for Medicare?
Do you know what to do?
Many people believe that as soon as they turn 65 they are enrolled in Medicare. Well, that is not accurate.
If you have taken an early retirement with Social Security you will probably receive your Medicare card in the mail about 3 months before the month of your 65th birthday.
If you are not in the Social Security payment system, then you will probably have to apply for Medicare. It’s quite simple to do.
It’s not necessary to go to a Social Security office, you can apply on-line and it takes about 10 minutes to fill out the on-line form. Simply go to: https://www.ssa.gov/medicare/apply.html
The online application is available to you seven days a week during the following hours (Eastern time):
Monday-Friday: 5 a.m. until 1 a.m.
Saturday: 5 a.m. until 11 p.m.
Sunday: 8 a.m. until 10 p.m.
Holidays: 5 a.m. until 11 p.m.
You have 7 months to apply for Medicare. This is called your Initial Enrollment Period (IEP).
If you are still working, it is suggested you contact Social Security and sign-up for the Medicare Part A benefit which has no cost as long as you have worked 40 quarters in your lifetime (about 10 years) and defer Medicare Part B.
Want to find out when you should sign-up for Medicare or how much your Part B premium will be? Medicare has as tool to determine eligibility and Part B premium. Check it out here: https://www.medicare.gov/eligibilitypremiumcalc/
Have a question, send an email at MedicareTipsforSeniors@gmail.com.