Avoid Medicare Penalties & Coverage Gaps
Below are some common Medicare misconceptions and how they could affect you:
I'm eligible for Medicare Part A & B, but I don't need to sign-up now and pay the monthly Part B premium. I'm healthy and rarely see a doctor anyways.
For every year you fail to sign-up for Medicare Part A & B, you'll incur a 10% penalty fee on Part B premiums.
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For example, if your Part B premium is $185 per month in 2025 and you fail to sign-up until 2026, you'll pay an extra $18.50 a month. That's over $222 every year in penalties that could have been avoided.
Medicare Enrollment Periods
Initial Medicare
Enrollment Period
This begins 3 months before you turn age 65, your birthday month and ends 3 months after (7 months total). This is also a good time to add a Medicare Advantage (Part C), Medigap plan, and/or drug coverage (Part D). It's important to enroll during this period to avoid penalties.
Medicare Advantage or
Drug Plan Changes
Changing your Medicare Advantage plan (Part C), drug plan, or switching from original Medicare to a Medicare Advantage plan is possible during open enrollment from October 15th-December 7th. New coverage goes into effect January 1st of the following year.
General Medicare
Enrollment Period
You can sign-up for Medicare or change Medicare Advantage plans (Part C) and/or drug coverage (Part D) from January 1st-March 31st. Coverage will begin the following month after enrollment.
Special Enrollment Periods
There are numerous situations where you can qualify to make changes to your Medicare plan.
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Our Medicare Insurance Partners
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
The Freedom of Choice
Because we partner with several Medicare insurance providers, together, we're going to find a plan tailored to your specific needs.
You're never "stuck" in a plan or with a specific insurer, should your health or income needs change- even if you decide you're unhappy with your plan- we can review your options for a different plan that fits you!