Turning 65 is a big step. Here’s what to do, and when.
1. Know your window
Your Initial Enrollment Period lasts 7 months: the 3 months before your 65th birthday month, your birthday month, and the 3 months after. Signing up early means coverage starts on time.
2. Check if you’re enrolled automatically
If you already get Social Security benefits, you’re usually enrolled in Part A and Part B automatically. Your card arrives by mail. If not, you sign up through Social Security.
3. Decide on Part B
If you still have coverage from your job (or your spouse’s), you may be able to delay Part B. Otherwise, signing up late can mean a penalty for life.
4. Choose how you get your coverage
Original Medicare (with a Medigap plan and a Part D drug plan), or a Medicare Advantage plan. Each works differently for doctors, costs and travel.
5. Don’t forget drug coverage
If you go without drug coverage for too long after you’re eligible, a Part D late penalty can apply.
6. Medigap timing matters
Your best time to buy a Medigap plan is the 6 months after you’re 65 and enrolled in Part B. During that time, you can’t be refused for health reasons.
Not sure where to start? I offer a free review by phone, video or WhatsApp, in English or French.
Alain Vidal, licensed insurance agent, Florida
