Get Ready to Enroll in Medicare
Turning 65 is a milestone birthday that sets the stage for important life-changing events, such as enrolling in Medicare. Understanding your options and available Medicare health plans will help you make the right choice to protect your health now and later.
With this rite of passage, you’ll have the opportunity to enroll in Original Medicare also known as Medicare Parts A and B. And, while many medical services are covered, some are not covered at all, such as prescription drugs, dental, hearing and vision benefits.
That’s why Florida Blue Medicare offers a variety of Medicare Advantage, Medicare Supplement and Medicare Part D prescription drug plans tailored to and focused on your health care needs.
First Things First.
Whether you decide to continue working after you turn 65 or plan to retire, most Medicare eligibility begins at age 65.
Get familiar with your Medicare options before your Initial Enrollment Period. You have seven months to sign up for Medicare—three months prior to your 65th birthday, your birthday month, and three months after you turn 65.
If you’re currently working, check with your employer’s benefits manager to find out what’s the best option for you.
Be Aware of Potential Penalties.
If you don't enroll in Medicare Part B or Part D when you're first eligible but decide later to enroll, you may have to pay a Part B and/or Part D late enrollment penalty. Go to medicare.gov to see if one of these penalties might apply to you.
Understanding Medicare Benefits.
There are two parts of original Medicare coverage: Medicare Part A and Medicare Part B.
Whether you’re working or not, when you turn 65, you can enroll in Medicare Part A—which helps to cover the cost of hospital stays and other related care such as lab tests and surgery. If you or your spouse contributed to Medicare through payroll deductions for at least 10 years, then it’s premium-free.
Medicare Part B covers outpatient procedures and doctor visits, and depending on your monthly income, there is a premium cost. You’ll need to sign-up for Medicare Part B when you become eligible. Otherwise, you may have to pay a late-enrollment penalty.
Some people who work beyond age 65, choose to delay enrolling in Medicare altogether until they retire. If this is something you prefer to do, and you have maintained creditable coverage since turning 65, then you can sign-up during a Special Enrollment Period without having to pay a penalty.
Your Medicare Options
Planning ahead makes life easier. At Florida Blue Medicare, we can help you find a plan that works for you and your budget.
Medicare Advantage plans include all the coverage you get with Original Medicare Parts A and B, and typically include other benefits, like dental, hearing and vision and Part D coverage.
Medicare Supplement plans pay costs that Original Medicare does not cover.
Medicare Part D plans cover your prescription drugs.
To learn more about which Medicare plan works best for you, call Florida Blue Medicare directly at
1-844-355-0532, visit us online at floridablue.com/Medicare.
Florida Blue and Florida Blue Medicare are Independent Licensees of the Blue Cross and Blue Shield Association. © 2020 Blue Cross and Blue Shield of Florida, Inc., DBA Florida Blue. All rights reserved.
Filed under: Medicare