Medicare has 5 main enrollment periods:
- Initial Enrollment Period (IEP): This is when most people first become eligible for Medicare, typically at age 65. During your IEP, you can sign up for Part A (hospital insurance) and Part B (medical insurance) without any penalties. You can check your specific enrollment date based on your birthdate here.
- Special Enrollment Period (SEP): If you’re already covered by an employer group health plan when you turn 65, you can sign up for Medicare during this period without penalties. You have the following options:
- Sign up while still working and covered by the group health plan.
- Within 8 months of the day you or your spouse stop working, even if the group health plan continues.
- Within 8 months of the group health plan ending while you or your spouse continue to work. Your coverage begins the month after you sign up.
- General Enrollment Period (GEP): If you miss the other enrollment periods, you can sign up for Medicare between January 1 and March 31 each year. However, there’s typically a lifelong penalty for late enrollment. Coverage begins the month after you sign up.
Remember, there are also special situations that may qualify you for additional enrollment periods. If you have any questions, contact Ralph 602-390-8573
As an Arizona Independant Medicare Broker, I proudly represent many of the companies available in Arizona, as an Arizona Medicare Salesman I am compensated by the companies that I represent so there is never a cost to you for my personalized services.Here are the main Medicare enrollment periods to remember:
1. Initial Enrollment Period (IEP): Most people become eligible for Medicare at age 65. During your IEP, you can sign up for Part A and Part B without any penalties. You can check your specific enrollment date based on your birthdate.
2. Special Enrollment Period (SEP): If you’re already covered by an employer group health plan when you turn 65, you can sign up for Medicare during this period without penalties. You have a few options here:
– Sign up while still working and covered by the group health plan.
– Within 8 months of the day you or your spouse stop working, even if the group health plan continues.
– Within 8 months of the group health plan ending while you or your spouse continue to work. Your coverage begins the month after you sign up.
3. General Enrollment Period (GEP): If you miss the other enrollment periods, you can sign up for Medicare between January 1 and March 31 each year. However, there’s typically a lifelong penalty for late enrollment. Coverage begins the month after you sign up.
It’s also important to note that there are special situations that may qualify you for additional enrollment periods. If you have any questions, you can contact Ralph at 602-390-8573.
As an Arizona independent Medicare broker, I represent many of the companies available in Arizona. As an Arizona Medicare salesman, I am compensated by the companies that I represent, so there is never a cost to you for my personalized services.