You will not be obliges to enroll yourself in any Medicare Insurance plan if you do not meet your enrollment deadlines and enrolling yourself on time.

What is Initial enrollment period?

Anyone who is turning 64 is entitled for an initial period of enrollment that may last eight months prior their 65th birthday till the next three months after that very month.

Utilize this enrollment period to get enrolled up for Medicare Insurance Part A and Part B at age 65 if:

  • If you are retired from your work or not at all working.
  • If you do not have any health or medical insurance from your employer for whom you are still working.
  • In case you are residing outside the United States are not working.

What does missing your Medicare Insurance enrollment deadline means:

  • The general enrollment period in order to get enrolled in Medicare insurance Part B program starts from Jan 1 to March 31 every year. Along with the coverage that will not begin until July 1 of that very year.
  • You will be charged 10 % extra  penalty in the premiums of Medicare Insurance Part B program for each 12 month in case the monthly premiums are being delayed.
  • Enrollments for the Medicare Insurance Part D program stars in the month of October till the month of December every year, with the coverage that begins from the month of January.
  • You will have a creditable access on the drug prescription coverage while turning 65 in case you are paying a late penalty permanent which will be added to the premiums of Part D every month automatically.