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The following article was published in our article directory on September 16, 2011.
Learn more about SpinDistribute Article Distribution System.
Article Category: Advice
Author Name: J. Wellington
When you turn sixty-five it's important for you to sign-up for Medicare Part A and B, but it is also very important to understand the gaps in coverage left by Medicare (specifically Part B). A majority of Medicare Part B coverage will only pay for 80% of your bills. This is why you need to purchase a Medigap Insurance Plan.
If you get benefits from Social Security or the Rail Road Retirement Board (RRB) you will automatically get Medicare Part A and Part B the first day you turn sixy-five. If you're under sixty-five and disabled you will automatically get Medicare Part A and Part B after twenty-four months.
People who live in Puerto Rico will automatically get Medicare Part A when they turn sixty-five. However, if you want Medicare Part B you will need to sign-up for Medicare Part B.
If you have Lou Gehrig's disease you will automatically get Medicare Part A and B the month your disability begins.
If you have Medicare Part A and TRICARE (for active duty military, retired military, or their families) you must have Medicare Part B to keep your coverage in TRICARE.
If are not getting Social Security or RRB and you want Medicare Part A and B, you will need to sign-up for Medicare Part A and B. If you have End-Stage Renal Disease, contact Social Security and sign-up for Medicare Part A and B.
The best time to sign-up for Medicare is in the initial enrollment period; that's three months before you turn 65, the month you turn 65, and three months after you turn 65.
If you enroll in Medicare Part B during the first three months initial enrollment period, your Medicare coverage will start depending on when your birthday falls is in the calendar.
For general enrollment, you can sign-up for Medicare Part A and B if you did not sign-up in the initial enrollment period from January 1st through March 31st each year. If you sign-up in this period, your coverage will begin on July 1st and you will pay a late enrollment penalty.
In addition, you can sign-up in the special enrollment period if you did not sign-up for Medicare Part A and B in the initial enrollment period because you're covered under a group health plan. You can sign-up anytime for Medicare Part A and B anytime you or your spouse is working and covered by group insurance, or during the eight month period that begins after your employment ends (if you're 65 years old).
The most important point about receiving Medicare Part A and B, you will need a Medigap Insurance policy to fill-in the gaps of coverage left by Medicare. To save up to 67% on your monthly premiums, click on the link below.
Keywords: Medicare, Medicare Supplemental Insurance, Medicare Supplemental Insurance Quote, Medicare Supplemental Insurance Rate, Medigap
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