How to Apply for Medicare

There are multiple different parts of Medicare, which allows beneficiaries to make the right choice for their individual medical situation. Picking your policy is one of the most important decisions you’ll make when enrolling in Medicare, so it’s important to work with a Medicare expert, such as those with KBI Solutions, so you can find a plan that works for you and enroll on time!

The different ways of applying

There are three main ways in which you can apply. One of the most popular options is the online option. This means that you can do it wherever you have access to a computer and don’t have to make the trip to an office. Especially with COVID-19, the online option is one that many are choosing to remain socially distanced.

If you don’t feel comfortable applying online and would rather do it over the phone, that is an option. Enrolling over the phone is a good option for some, but it can make a few of the steps slightly more complicated.

For those that don’t choose to enroll over the phone or online, you can do it in person at a Social Security office. While there may be someone there to help you, it’s probably best to speak with an insurance agent about any questions that you have.

Enrollment periods

Enrolling in Medicare can be done in a few different ways. Many people enroll during their Initial Enrollment Period, which begins three months before you turn 65 and ends three months after you turn 65. This is when most become eligible for Medicare, and not enrolling during this period could mean that you will have late enrollment penalties to pay.

But, if you do miss this period, you can enroll during what is known as the General Enrollment Period (January 1 – March 31). Waiting until this period to enroll may still mean that you have to pay late enrollment penalties. However, you might qualify for a Special Enrollment Period, which will then keep you from having to pay these late fees. One way you can qualify for a Special Enrollment Period is if you already had health insurance when you became eligible for Medicare and chose not to enroll.

If you are already enrolled in Medicare, then you are also eligible for the Annual Enrollment Period (October 15 – December 7). During this enrollment period, you can switch to different coverage. For example, if you are enrolled in Original Medicare (Part A and Part B), you can switch to a Medicare Advantage Plan (Part C).

Have questions? Reach out to an insurance agent!

AT KBI Solutions, we have years of experience and our knowledge of Medicare makes us one of the top agencies to work with. If you’re ready to make an appointment today, give us a call so we can set up a time to talk about your options.