Health insurance is one of those things that we all need to plan for. We have different stages in life where our medical needs change. When we begin to enter our golden years, one of the major changes is that we become eligible for Medicare. You have to enroll and sign up in order to receive full Medicare benefits. Here are 5 tips that will help you learn more about the Medicare program and your Medicare options.
1. When to Enroll: There are three enrollment periods during which you can sign up for Medicare.
- Initial Enrollment The first time you can sign up for Medicare is called the Initial Enrollment Period. This is a 7-month window that begins 3 months before your 65th birthday and ends 3 months after your birthday. If you sign up during the Initial Enrollment Period, you can sign up for a plan without answering any medical questions.
- General Enrollment Period If you don’t sign up before you turn age 65 there is General Enrollment Period in which you can sign up between January 1–March 31 each year.
- Special Enrollment Period Is only available to individuals that meet certain requirements.