You’re 65! Now what? Three months prior and three months after your milestone birthday is when you are eligible to enroll in Medicare; that’s seven months! If you do not enroll during this period
Are you still receiving health insurance from your employer?
If you have health insurance through your employer, and your company employs more than 20 people, then you won’t have to enroll in Medicare right when you turn 65, though most choose to anyway as you most likely paid medicare taxes while you were working and do not need to pay a monthly premium for Part A coverage (often called “hospital insurance”). If you use a Health Savings Account, or HSA, you may want to wait to enroll.
While most people do not pay premiums for Part A, everyone pays a monthly premium for Part B. Medicare Part B is often called “Medical Insurance” and covers services like doctor’s visits, medical equipment, outpatient care, and home health services. You will have to help pay for these services at some point so it behooves you to find out which way will save you the most money.
Do you have a trusted local insurance agent?
Having an advocate during this confusing transition is integral for saving you the most money while making sure all your insurance needs are covered. A local agent will know far more about your region’s options and local doctors than a big national chain. Jeff is our experienced Medicare representative and is happy to help anyone looking for Medicare insurance in Johnson City. If you’re turning 65 and looking for a trusted local agent, we can help!
