I don’t know where to begin.
Transitioning to Medicare can feel absolutely overwhelming. That’s why you need a great partner who can help you before and after you enroll. United Medicare Advisors (UMA) has a library of great Medicare resources available online, but we’re also a team of real people who can help you find the policy you need at the lowest possible rate.
UMA has helped over 400,000 people with a wide variety of health care needs make a great decision on their Medicare insurance. It’s our job to listen and understand your needs so we can provide the best up-to-date solutions and advice.
I’m retiring at age 65 and will need to enroll in Medicare.
If you’re retiring at age 65, the process of starting Medicare coverage is pretty straightforward. Most will automatically receive Original Medicare (Part A and Part B) during the Initial Enrollment Period (IEP) when turning 65. If not, IEP is the time to ensure you’re enrolled. You’ll know you’re automatically enrolled if you receive your Medicare card in the mail sometime before your 65th birthday.
You can also purchase a Medicare Supplement plan to get additional coverage not offered by Original Medicare during the Medigap Open Enrollment Period. This period allows you to enroll in a Medicare Supplement plan without answering questions about your health that may increase the cost of your policy.
I’m over 65 and retiring. I am currently covered under my employer’s insurance and I already have Medicare Part A.
If you’ve kept your employer insurance until you decide to retire, you may use a Medicare Guaranteed Issue (GI) Right when enrolling in Part B and/or a Medicare Supplement plan. The GI Right states that you are guaranteed access to a Medicare Supplement plan without answering health questions since your employer insurance coverage is ending upon retirement.
Most people who are still covered under their employer’s insurance at age 65 chose to only accept Part A when they become Medicare eligible since it typically comes free of charge. Since Part B has a monthly cost and often duplicates employer coverage, many choose to delay Part B enrollment until their employer insurance ends.
I need help understanding Medicare.
Regardless of your situation, our advisors are here to help. We know that understanding Medicare’s enrollment periods, GI Rights, rules, policies, and exceptions can be confusing and frustrating. Our team of experts are ready to answer your questions and provide unbiased, value-driven advice. We’d love to be your go-to resource when starting your Medicare journey.
Published: December 10, 2019