How To Sign Up for Medicare
Most people become eligible for Medicare at 65. You can sign up for Medicare three months prior to your 65th birthday.
You can enroll by:
- Calling your local social security office
- Visiting your local social security office in person
- Going online to the social security website
The social security office can help you apply, tell you when you are eligible, and what you are eligible for. Then, in about two weeks, you will receive a Medicare card and a packet in the mail for Original Medicare with Part A (hospital insurance) and Part B (outpatient doctor services). Once you receive this information you can decide if you want to add any Supplements or stick with Medicare Advantage. Either way, you will want to also add a Part D prescription drug plan to your Original Medicare.
If you have worked 40 quarters (10 yrs) by the time you turn 65, you are eligible to get Part A for free. You start getting Part A for free when you are 65 because you have been paying for it in Fica taxes. This is a really good deal because in your early 60s insurance can be very expensive.
Everyone pays for Part B. This cost is based on your income (on average, the cost is about $121.80 a month) and comes out of your social security check. Most people don’t start getting social security checks until they turn 66. So if you do not receive a social security check until you turn 66, but you are eligible for Medicare when you turn 65, how do you pay for the first year? You can pay for it quarterly, or put it on a credit card.
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