Medicare Signup: When and How to Sign Up
Medicare signup can be confusing, especially if you are not sure when to enroll or what plans are available to you. We’re here to walk you through the Medicare enrollment periods and explain when is the best time to sign up for Medicare. Are you receiving retirement benefits or disability benefits? Here are some of the questions you need to answer before you do your Medicare signup.
The Enrollment Periods for Medicare
If you are receiving retirement benefits, you should sign up for Medicare three months before your 65th birthday. If you are receiving disability benefits, you can sign up for Medicare 24 months after the start of your disability benefits. If you do not want Medicare Part B, you can opt-out of it during your Initial Enrollment Period.
When is the initial enrollment period?
Your Medicare Initial Enrollment Period is the seven-month period that starts three months before you turn 65, includes your birth month and ends three months after your birth month. This is always the best time to sign up for Medicare.
Medicare While Receiving Retirement Benefits or Disability Benefits
If you are receiving retirement benefits or disability benefits, you can sign up for Medicare during your Initial Enrollment Period. If you wait to enroll in Medicare after your Initial Enrollment Period, you may have to pay a late enrollment penalty.
What if I don’t want Plan B?
The best time to enroll in Medicare if you don’t want Medicare Plan B is during your Initial Enrollment Period. You can opt-out of Medicare Part B during this time.
Medicare Signup if You Don’t Qualify for Retirement Benefits
Thankfully, even if you don’t qualify for retirement benefits, you can still sign up for Medicare. If you are under 65 and have a disability, you can enroll in Medicare 24 months after the start of your disability benefits. If you have End-Stage Renal Disease (ESRD), for example, you can enroll in Medicare three months before your dialysis treatments start.
Do Your Medicare Signup Today With Good and Associates
We know that Medicare signup can be confusing, but we hope this article has helped clear some things up. Remember, the best time to enroll in Medicare is always during your Initial Enrollment Period. If you have any questions about Medicare signup or which plan is best for you, contact Good and Associates today. We’re here to help you every step of the way.