When do I enroll in Medicare? How do I sign up for Medicare? At what age can I begin Medicare benefits?
These are all things Georgia citizens that will turn age 65 need to know.
Enroll in Medicare Part A and Part B
Most people will automatically enroll in Medicare Part A on their 65th birthday. If you want to enroll in Medicare Part B you will have to elect that coverage by signing up online or calling Medicare.
You can sign up at the SSA/Medicare site, or call 1-800-MEDICARE.
When you enroll in Medicare Part B only cover a portion of your doctor and outpatient expenses will be paid by Medicare. Medicare Part B has an annual deductible you must satisfy, and then you pay 20% of expenses approved by Medicare but not paid by Medicare.
For some, this can amount to a lot of out of pocket expenses.
Buy a Medigap Plan
To offset your Medicare Part A and Part B expenses, most folks in Georgia will purchase a Medigap plan.
The popular Medigap plan F is what most people are sold and never told about lower premium options that deliver better value. Probably 90% of my clients purchase Medicare supplement plan G once they realize how much money they are throwing away on Medigap plan F.
Understand your Medigap options by reviewing the Medicare guide to CHOOSING A MEDIGAP POLICY.
Compare Medigap rates and plans online. Click, quote, review, compare. In addition to your online quote, a personalized proposal will be sent direct to you.
Enroll in Medicare Part B when you are first eligible to avoid any late enrollment penalties.
You should also enroll in Medicare Part D when you enroll in Medicare Part B. If you enroll in Medicare Part D late you will pay a lifetime penalty of 1% per month for every month you could have enrolled in Medicare Part D but did not enroll.
Ask us how to enroll in Medicare or how to find low cost Medigap rates.