Understanding Medicare: The Basics
Signing up for Medicare can feel like a big task, but don't worry. We're here to help you understand the basics of Medicare coverage. Whether you're about to turn 65, have a disability, or are already receiving benefits from Social Security, it's important to know your options and how to apply for Medicare.
When to Sign Up for Medicare
- 3 months before you turn 65: You can apply for Medicare.
- The month you turn 65: Your Medicare coverage will start.
- 3 months after the month you turn 65: You have until this period to sign up without a late enrollment penalty.
How to Sign Up for Medicare
There are several ways to sign up for Medicare:
- Online: Apply for Medicare online through the Social Security website.
- Phone: Call the Social Security office at 1-800-772-1213.
- In-person: Visit your local Social Security office.
If you receive benefits from Social Security or the Railroad Retirement Board, you might be automatically enrolled in Medicare Part A and Part B when you turn 65.
Medicare Parts A and B
Medicare has different parts that cover various services:
- Part A: Hospital insurance, covering inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care.
- Part B: Medical insurance, covering certain doctors' services, outpatient care, medical supplies, and preventive services.
When you sign up for Medicare, you will receive a welcome package with your Medicare card. Make sure to review your coverage options carefully.
Understanding Enrollment Periods
It's essential to be aware of the different enrollment periods for Medicare:
- Initial Enrollment Period (IEP): This is the 7-month period that starts 3 months before you turn 65, includes the month you turn 65, and ends 3 months after you turn 65.
- General Enrollment Period (GEP): If you miss your IEP, you can sign up between January 1 and March 31 each year, with coverage starting on July 1. However, you may have to pay a late enrollment penalty.
- Special Enrollment Period (SEP): If you have job-based health insurance or other coverage, you might qualify for a SEP to sign up for Medicare without a penalty.
What if You Already Have Part A and B?
If you already have Medicare Part A and B, you might be looking to get more coverage. Consider adding:
- Medicare Advantage Plan (Part C): Offers additional benefits like vision, dental, and prescription drug coverage.
- Medicare Part D: Helps cover the cost of prescription medications.
- Medigap (Supplemental Insurance): Helps pay some of the healthcare costs that Original Medicare doesn't cover, like copayments, coinsurance, and deductibles.
Need Help Signing Up for Medicare?
At BoomerBaby, we understand that signing up for Medicare can be confusing. If you have any questions or need assistance, feel free to call us at 1 (800) 903-8044. Our team is ready to help you every step of the way.
Ready to Sign Up for Medicare?
Don't wait to sign up for Medicare. The sooner you get started, the better prepared you'll be for your healthcare needs. Contact BoomerBaby today at 1 (800) 903-8044 to speak with our friendly staff. We're here to help you navigate your Medicare options and find the coverage that's right for you.
Call us now at 1 (800) 903-8044 for personalized assistance in Mill Valley, California; Bend, Oregon; Santa Ana, California; Sun Valley, Idaho; and Boulder, Colorado.
