When to Enroll in Medicare
Knowing when to enroll in Medicare is equally as important as choosing your Medicare benefits.
Specific enrollment periods were created to accommodate various life events and changes. First, let’s identify the different enrollment period scenarios to determine which best applies to you and your situation. Here are five key categories that guide when you enroll:
- You’re turning 65
- You’re working past 65
- You have a qualifying life event or change
- You missed your Initial Enrollment Period
- You need a plan and prescription review
Enrollment is not automatic for everyone, and it’s important to take the time to familiarize yourself with these dates and have a clear understanding of your options, enroll on time, and avoid the risk of underwriting or incurring a late penalty fee.
Which Enrollment Period Applies to You?
Initial Enrollment Period (IEP)
For most of us, the Initial Enrollment Period (IEP), which is triggered by our 65th birthday, is the first chance and the best time to enroll in Medicare.
Your IEP is unique to only you, as it is a 7-month window that begins 3 months prior to your 65th birth month, includes your birth month, and the 3 months that follow your birth month.
It provides you the opportunity to enroll penalty-free in Medicare Parts A and B, as well as a Part D prescription plan.
→ Learn more about the Initial Enrollment Period here.
Let us do the research for you.
Medicare Portal eases your burden of exploring, choosing and enrolling in a Medicare insurance plan that’s right for you based on your unique circumstances. Best of all, there is no cost for you for our services, and you receive our support with your Medicare needs for your lifetime.