If you’re turning 65 and becoming eligible for Medicare, one of the most important things to understand is that Medicare enrollment isn’t automatic for everyone. For most people who qualify based on age, the Medicare Initial Enrollment Period is a seven-month window that generally begins three months before the month you turn 65, includes your birthday month, and continues for three months afterward. Your enrollment situation may be different if you’re already receiving certain Social Security benefits or have qualifying employer coverage, so understanding Medicare Basics Made Simple, Medicare Part A and Part B, and when to enroll in Medicare can help you prepare for Medicare and potentially avoid coverage gaps or late-enrollment penalties.
Before your 65th birthday, take time to understand when your Medicare coverage should begin and how your current insurance may affect your enrollment decisions. You’ll also want to learn about your Medicare coverage options, including Original Medicare, Medicare Advantage plans, Medicare Supplement Insurance (Medigap), and Medicare Part D prescription drug coverage, because costs, benefits, provider access, and prescription coverage can differ. Preparing before you turn 65 gives you more time to understand your choices instead of making a rushed decision. Turning 65 and have questions about Medicare? Call Shields & Associates Insurance Agency at 402-545-8954 to speak with a licensed insurance agent and get help understanding your Medicare options.