Is it possible for me to delay enrolling in Medicare Part B?

Yes, if you have current employer health coverage. If you would like to know how your insurance might work with Medicare, you should speak with your health benefits administrator. If you have employer health coverage, you can delay Part B enrollment and sign up during a Special Enrollment Period without a late penalty. Remember, retiree coverage and COBRA do not qualify for a Special Enrollment Period.

What services are not covered by Part B?

Routine physical examinations, cosmetic surgery,  vision care (including glasses or contact lenses), hearing aids, long-term care, dental treatment (including dentures), alternative health services (including massage and acupuncture), and the majority of prescription medications are not covered by Part B.

When can I apply?

Initial Enrollment Period: When you turn 65, you have a seven-month window of time to sign up for Medicare. This period starts three months before birth, includes your birth month, and lasts three months after.

• Open Enrollment Period (October 15–December 7): During this period, you can change your Part D plan or switch from Original Medicare (Parts A and B) to Part C (Medicare Advantage).
  
  
• General Enrollment Period (January 1–March 31): This is your chance to enroll if you were not able to during your Initial Enrollment Period.
  
  
• Special Enrollment Period: If you delay signing up for Medicare due to current employer health coverage, you have an eight-month period after your coverage or employment ends to enroll without penalties.

Medicare can be complex, with numerous factors to consider before determining the best fit for your needs. Freedom Brokers in Illinois is here to help. Contact us today to learn more and get expert guidance.