During the Initial Enrollment Period Most persons first become eligible for Medicare on their 65th birthday, or earlier under certain circumstances when they are disabled. You will be automatically enrolled in Medicare Part A and Medicare Part B (original Medicare) if you are receiving benefits from Social Security or the Railroad Retirement Board (RRB). The […]
In 2024, over 29 million persons on Medicare have the chance to change their Medicare Advantage or Prescription Drug coverage twice: During the Open Enrollment period or during the Dis-Enrollment period. Exceptions apply if you move out of the area of your current plan, or enroll in a 5 star rated plan. When can I […]
Annual, open, general, initial or special enrollment – the time periods when Medicare beneficiaries are allowed to enroll in, switch or cancel their plans may sound overwhelming and confusing to many persons. Here is an overview about the different terms with a brief description. Will I automatically be enrolled in Medicare, when I turn 65? […]
When can you enroll in, switch, change, cancel or drop a Medicare Advantage plan in 2024? 1. When you turn 65, or earlier if you are disabled Usually, you first become eligible for Medicare when you turn 65, or earlier if you are disabled. At that time, you will automatically be enrolled in original Medicare […]
When it comes to enrolling in Medicare, timing really matters. If you miss an enrollment period, you may lose your option to enroll in a plan, plus face hefty penalties if you want to do so at a later time. So let’s look at what happens if you missed a deadline: Did you miss enrollment […]
Timing really matters when it comes to exercising your Medicare options. Sure, you can wait until later to join a Medicare plan, but you may face financial disadvantages (such as a late enrollment penalty) for any delay between the time when you first became eligible and the time you enroll. Many people are confused by […]