Knowing when to sign up for Medicare can help you avoid gaps in coverage and, in some cases, late enrollment penalties. Your enrollment timeline depends on your circumstances, including whether you or your spouse are still working.
Your Initial Enrollment Period
For most people turning 65, the Initial Enrollment Period lasts seven months:
- Three months before the month you turn 65
- The month you turn 65
- Three months after the month you turn 65
When you enroll during this window can affect when your coverage begins. Starting early gives you more time to review your options and prepare for the transition.
Is enrollment automatic?
Some people are automatically enrolled in Medicare Part A and Part B, while others need to sign up. For example, if you are already receiving certain Social Security or Railroad Retirement Board benefits, you may be enrolled automatically.
If you are not sure whether you will be enrolled, check with Social Security before assuming your coverage will begin.
What if you are still working?
If you have health coverage through your own or your spouse’s current employment, you may have options for delaying Part B without a penalty. The rules depend on your situation, including the type of coverage you have.
Before making a decision, ask your benefits administrator how your employer plan works with Medicare. COBRA and retiree coverage do not count as coverage based on current employment for the Part B Special Enrollment Period. www.medicare.gov
What if you miss your initial window?
You may have another opportunity to enroll during the General Enrollment Period or a Special Enrollment Period if you qualify. Depending on your circumstances, waiting could lead to a coverage gap or a late enrollment penalty.
The best time to prepare is before your enrollment window opens. Contact our office at (210) 744-0553 if you would like help understanding your next steps.