Toll-free number: 1-800-MEDICARE (1-800-633-4227)
TTY number: 1-877-486-2048
Steps towards Enrolling into Medicare
Many people are confused about the steps to take towards getting Medicare when they become medicare eligible. You are either eligible due to a disability or due to age.
Most people will age into Medicare and will automatically be enrolled in both parts of Medicare. Medicare hospital benefit called Part A and the outpatient doctor benefit called Part B. You will have an effective date the first of the month of your birthday month, however, if your birthday is on the 1st of the month then you will become effective the 1st of the prior month.
If you are near Medicare eligibility due to age and have not received any information then maybe it’s time to to contact Social Security Administration but before you do first consider these things.
Things to consider before enrolling in Medicare part B outpatient coverage.
- Are you or a spouse or legal partner continuing to work for a company that offers you group insurance and does the company have 20 or more employees ? If so then you may want to hold off on getting part B Medicare until you are ready to leave the company group insurance plan.
- If you have a Medicare Advantage Plan, you can apply for a Medigap policy, but make sure you can leave the Medicare Advantage Plan before your Medigap policy begins.
Medicare late enrollment penalties
If you are eligible for both Medicare Part A and Medicare Part B and you refuse to enroll in Part B simply because you don’t see the need and you have no other qualifying health plan such as a group insurance plan through an employer or employer of a spouse, then you could be charged 10% more (for life) on your Part B premium than someone who first signed up when eligible. The penalty is 10% for every year you delayed. Go here to learn more about the Part B penalty.