Missed Your Medicare Initial Enrollment?

Medicare provides a General Enrollment Period (GEP) every year for people who missed signing up during their Medicare Initial Enrollment Period when they were first eligible.  It’s getting a second chance for Medicare enrollment.

If you missed the Medicare Initial Enrollment then you can enroll durung the General Enrollment period (GEP) which runs from January 1 – March  31  every year.  Here’s what you need to know:

Medicare Initial Enrollment






checkmark Healthy Tip – If you have missed your Medicare Initial Enrollment Period you could be subject to premium penalty.  The Part A penalty for late enrollment is 10%.  The Part A premium penalty is charged for twice the number of years you delay enrollment. If you wait 2 years, for example, you would pay the additional 10% for 4 years (2 x 2 years). The penalty applies no matter how long you delay Part A enrollment.  The penalty for late enrollment in Part B is an additional 10% for each 12-month period that you delay it.

Looking to enroll in a Part C or D plan?

Make Medicare decisions based on your personal needs.  This is where the rubber meets the road.  At some point you need to just sit down and figure out what you need in a Medicare plan.  You need to understand your options to choose a Medicare plan based on your needs.  Let our Licensed and Local Medicare Agents sit with you and look at the options with you today.  Click here to contact us.

Changing Plans After Enrolling in Medicare

Once you’re enrolled in Parts A and B, and you selected ether a Medicare Advantage or Part D Drug Plan, you will have a chance to change plans once a year during Medicare Annual Enrollment Period, Oct. 15 – Dec. 7.  You may also qualify for a Medicare Special Enrollment Period (SEP).  A SEP allows you to change plans outside of Medicare Open Enrollment in certain situations, such as if you move.


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