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Know When to Enroll in Medicare
You have a 7-month window to enroll
When you turn 65, you’ll have your Medicare Initial Enrollment Period (IEP). It begins 3 months before the month you turn 65 and ends 3 months after your birthday month, giving you a 7-month window. If you don’t have other health coverage and don’t sign up for Medicare during your IEP, you may pay more when you finally do enroll in Medicare.
Working after 65
If you plan to work past age 65, you can also enroll in a Medicare Advantage plan or prescription drug plan up to 2 full months after the month your employer health insurance ends. Keep in mind, you must be enrolled in Part B to be eligible for a Medicare Advantage plan. Check with Randy Hart and do some research to see if you could save money on Medicare when you turn 65, even if you do continue to work.
Finding Insurance for a Younger Spouse
Many couples get their health insurance through one partner’s employer. If that partner retires at age 65 and enrolls in Medicare, a younger spouse — and any dependents — may be left without coverage.
Here are some alternative health insurance options for younger spouses:
- COBRA Temporary Insurance: This provides continued employer benefits for up to 18 months if you pay the full premium.
- Individual Insurance: You can purchase it from a private insurance company.
- Group Health Plans: Some organizations offer group health plans to their members.
- HIPAA-Protected Insurance: These plans don't exclude coverage for pre-existing medical conditions.
Compare Your Coverage
Original Medicare does not cover all medical expenses and does not cover prescriptions. Look at all the coverage a Medicare Advantage plan can offer.
If you have any questions please contact:
Randy Hart at 443.205.0296, TTY 711
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