As you get closer to the age for Medicare eligibility, it's a great time to think about when and how to enroll! Taking your time can help you avoid late enrollment penalties and ensure you don’t have any gaps in coverage. Remember, one unexpected health scare or hospital visit can really impact your savings if you don't have the right coverage. Enrolling in Medicare at the right time, and the right way, you'll not only enjoy a smoother experience but also safeguard your financial well-being for the future!
Initial Enrollment Period: 7 months, which starts 3 months before your 65th birthday, and includes your birthday month, and ends 3 months after your 65th birthday.
Original Medicare does not cover all your healthcare costs, but you have options with Medicare. Review your overall healthcare costs and needs, including regular health maintenance visits, specialists you see, prescription drug costs and any procedures you know you will need. This will help you understand your overall financial picture.
Check to see if your current healthcare providers accept Medicare. While most do, some doctors opt out of Medicare so they are not required to follow Medicare rules. In other words, you’ll want to make sure your doctor can’t tack on extra costs and you are getting the lowest cost for your services.
Before you select a plan, take time to understand all the different parts of Medicare. Selecting the wrong coverage can cost you. You can also pay fines and penalties if you do not enroll within your specific initial enrollment period, or in a timely manner during annual enrollment! Click here to visit our Medicare Resources at the top of this page.
Talk to us! We’ll do the leg work for you, helping you to add up all your costs (copays, premiums, etc.) so you can pick the best option. And we continue to be resource for you annually, as plans may change, or your needs evolve. Our guidance is provided at no cost and no obligation! Give us a call at 405-793-0893 or Contact Us online.
For most people, Medicare is not automatic. You need to enroll in original Medicare (Parts A & B) before you can sign up for a Medicare Advantage or Supplement plan. To enroll, you will be required to provide proof of your eligibility. Some acceptable documents are birth certificate, proof citizenship if not born in the US, W-2 or tax forms, and or military records. See more on how and where to apply below in the FAQs section.
