New to Medicare? Here Are a Few Important Basics

Turning 65 comes with many important decisions, and Medicare is often one of the biggest. Fortunately, getting started is easier when you understand a few key timelines and requirements.

Most people become eligible for Medicare when they turn 65. Your Initial Enrollment Period begins three months before your 65th birthday month and continues for three months after, giving you a seven-month window to enroll. For example, if your birthday is in August, you can begin enrolling as early as May, and your enrollment window continues through November.

Some individuals are automatically enrolled in Medicare, especially if they are already receiving Social Security benefits. Others will need to apply directly through the Social Security Administration.

You can enroll:

• Online through the Social Security website

• By phone

• Or through your local Social Security office

In most cases, you will want to enroll in:

• Part A (Hospital Insurance)

• Part B (Medical Insurance)

From there, you can also review additional coverage options such as:

• Medicare Supplement plans

• Medicare Advantage plans

• Prescription Drug Plans (Part D)

One common question is: “What happens if I wait too long?” In some situations, delaying enrollment without other qualifying coverage can result in late enrollment penalties or gaps in coverage.

Another common concern is choosing between Medicare Supplement and Medicare Advantage plans. The best choice depends on your individual needs, doctors, prescriptions, travel habits, and budget.

The good news is that you do not have to figure it all out alone. Understanding Medicare takes time, and having someone available to explain your options clearly can make the process much less stressful.

If you are approaching Medicare eligibility and have questions, I’m always happy to help guide you through the process.

Nan Thornton

772-559-2794  

Thorntonnan2@gmail.com,

nanthornton.com