How to Sign up for Medicare Part B: 11 Steps (with Pictures)
Check with your existing insurance to make sure it’s compatible with Medicare. You may be qualified for COBRA coverage once your employment ends. This means your existing insurance will continue for a number of months after retirement, though usually for a higher fee. In most cases, your COBRA coverage will generally end. COBRA coverage lasts for a limited period of either 18 or 36 months, depending upon circumstances. Check with your employer’s insurance and ask about COBRA coverage. It may or may not be in your benefit to maintain COBRA coverage, depending on your Medicare premiums.
Compare Medicare Advantage & Supplemental Plans
Medicare supplement plans offer benefits in addition to the benefits offered by Medicare Parts A and B, and they are offered by private insurance companies. There are several different types of Medicare supplement plans available, including Plan A, Plan C, Plan F, Plan M and Plan N. Medicare supplement plans and Medicare Advantage plans are not complementary, so it is important to understand which type of policy makes the most sense for you. Our licensed sales agents are standing by to walk you through a comparison of the costs and benefits of each type of plan, and to help you choose a Medicare supplement plan that best meets your needs.
Medicare Information and Plan Comparisons
While health care was not central to the 2016 Presidential campaign, the election’s outcome will be a major determining factor in the country’s future health care policy. A number of issues have garnered media attention, including the future of the Affordable Care Act (ACA), rising prescription drug costs, and the opioid epidemic.
Applying for Medicare Only
If you are age 65 or older and your medical insurance coverage is under a group health plan based on your, or your spouse’s, current employment, you may not need to apply for Medicare Supplementary Medical Insurance (Part B) at age 65. You may qualify for a “Special Enrollment Period” (SEP) that will let you sign up for Part B during:
How and when do I sign up for Medicare?
Your first chance to sign up for Medicare starts three months before your 65th birthday, includes the month you turn 65, and ends three months after the month you turn 65. These seven months are called the Initial Enrollment Period.