Medicare Enrollment Period

Posted:November 9, 2015

Many people know that Medicare coverage starts at the age of 65. However, there are different enrollment periods for different plans, which are crucial if you want to avoid added aggravation and costly penalties. It is important to be familiar with the following 4 enrollment periods if you are Medicare eligible:

  • Initial Enrollment Window – This is a seven-month enrollment period for Medicare Parts A, B, C, and D. It includes the 3 months before you turn 65, your birthday month, and the 3 months after you turn 65.
  • Medigap Enrollment – This is a separate 6-month period which starts once you turn 65. This period includes guaranteed access and insurers cannot charge you more due to your age or health.
  • General Enrollment – If you do not sign up for Parts A or B during your initial enrollment period, you will have the ability to do so during the general enrollment period which is from January 1 through March 31.
  • Special Enrollment Period – This period can differ in length depending on your circumstances, and can be triggered certain situations such as moving or loosing group coverage.

To learn more about Medicare Enrollment periods, check out How to Time Your Medicare Enrollment.