Medicare & Turning 65

What to do when turning 65

What to do when turning 65.  Some 300,000 boomers per month will be turning 65 before the year 2030. If you are among those about to turn 65, then it is time to start thinking about Medicare and what your options under Medicare are. You will become eligible for Medicare as soon as you turn 65. Delaying your enrollment can result in penalties, so it is important to act as soon as possible.

There are several different options to consider when signing up for Medicare. Medicare consists of four major parts:

  • Part A covers hospital expenses
  • Part B covers physician expenses
  • Part C permits Medicare beneficiaries to receive their medical care from among several private insurance companies with different options available. It’s important to remember that you will not lose your Medicare A&B by enrolling in a Medicare Advantage Plan; you will just no longer use your Medicare Card.
  • Part D covers prescription medications.

Medicare enrollment begins three months before your 65th birthday and continues for 7 months. If you are currently receiving Social Security benefits, you won’t need to do anything. You will be automatically enrolled in Medicare Parts A and B effective the month you turn 65. If you do not receive Social Security benefits, then you will need to sign up for Medicare by calling the Social Security Administration at 800-772-1213 or you can enroll online at It’s best to do this as early as possible so your coverage begins as soon as you turn 65.

If you are still working and have an employer or union health insurance plan, or if you are retired and still covered under your employer’s health plan, it may be possible to sign up for Medicare Part B right away. You will need to find out from your employer whether your current plan is the primary insurer. If Medicare, rather than the employer’s plan, is the primary insurer, then you will still need to sign up for Part B. Even if you aren’t going to sign up for Part B, you should still enroll in Medicare Part A, which may help pay some of the costs not covered by your group health plan.

If you don’t have an employer or union group health insurance plan it is extremely important to sign up for Medicare Part B. You can do this during your initial enrollment period. Should you not sign up for Part B right away, then you will be subject to a penalty. Your Medicare Part B premium can go up 10 percent for each 12-month period that you could have had Medicare Part B, but did not take it. In addition, you will have to wait for the general enrollment period to enroll. The general enrollment period usually runs between January 1 and March 31 of each year.

Once you have enrolled in Medicare Parts A & B you will have the option of enrolling into any Medicare Supplement (also referred to as Medigap) and a Medicare Prescription Drug Plan (also referred to as Part D) that you like without having to answer any health questions to qualify. Do this as soon as possible!

After you’ve signed up for Medicare Part B, you can schedule a free “Welcome to Medicare” exam with your doctor.

Medicare can be a confusing issue. You will discover that being on Medicare is a great thing and health care will never be so easy.

Call us (215) 738-8100 or send us a message!

11 + 15 =

Medicare Insurance Blog

Choose a Medicare Part D Plan for 2018

How to choose a Medicare Part D Plan for 2018 Many Medicare beneficiaries are confused as to how to choose a Medicare Part D for 2018 but it really can be a simple process. The very first step is to go to Medicare.Gov. Once there, you will see on the homepage three...

Best Medicare Supplement Plan

The Best Medicare Supplement plan that Medicare Advisers suggest to their clients today are Medicare Supplement Plan G, Plan F, and Plan N. The truth is, most standardized Medicare plans are excellent plans. Any of these plans would be an excellent choice. Plan F will...

Medicare Supplemental in the Philadelphia area

There are many different Medicare Supplemental plan in the Philadelphia area, Bucks County area, and Montgomery County areas. There are also many Medicare Advantage options. Many of the Medicare Advantage options are through companies such as Independence Blue Cross...

Kaiser Health News

RSS Syndicate – Kaiser Health News

  • How The Shutdown Might Affect Your Health January 19, 2018
    For some federal health programs, a shuttered government means business as usual. But the congressional impasse over funding will hit others hard.
  • Judge Orders New Olympus Trial Over Superbug Death January 19, 2018
    The Seattle jurist finds that Olympus Corp. failed to properly disclose evidence that it knew of concerns about cleaning problems with its redesigned medical scopes years before they hit the market and were linked to dozens of deaths. The company maintains the devices were not defective and intends to appeal.
  • It’s In The Mail: Aetna Agrees To $17M Payout In HIV Privacy Breach January 18, 2018
    In a low-tech snafu, information about HIV treatment was visible through the cellophane window on envelopes sent to about 12,000 consumers.

Medicare Updates

RSS The Medicare Blog

  • Focus on keeping your vision clear January 11, 2018
    Glaucoma is a group of diseases that can cause permanent vision loss and blindness. Some forms of glaucoma don’t have any symptoms, so you may still have glaucoma even if you don’t have any trouble seeing or feel any pain. If you find and get treatment for glaucoma early, you can protect your eyes from […]
  • Find cervical cancer early—get screened January 2, 2018
    Over 12,000 women in the U.S. are diagnosed with cervical cancer each year. Early treatment is key, and fortunately, it’s one of the easiest female cancers to detect. Medicare covers Pap tests, Human Papillomavirus (HPV) tests (as part of Pap tests), and pelvic exams that can help find cervical and vaginal cancer early and improve […]
  • Stop the flu before it stops you December 4, 2017
    Flu season is back, which means it’s time to protect yourself and loved ones by getting a free flu shot. Flu viruses change from year to year, so it’s important to get a flu shot each flu season. It’s free for people with Medicare, once per flu season when you get it by doctors or other […]

Call us (215) 738-8100 or send us a message!

5 + 3 =