Wondering how Medicare retirement works? There are 4 parts to Medicare: Part A (Hospital), Part B (Medical), Part C (Medicare Advantage Plan, sold by a private company) Part D (Prescription Drug).
Your initial enrollment period for Medicare (all parts) begins three months before the month you turn 65 and lasts until the end of the third month after your birthday month – a total of seven months. If you don’t sign up during the initial window, you can sign up between Jan. 1 and March 31 each year for coverage that begins July 1. Failure to sign up during the initial enrollment period, however, could result in permanently higher premiums – unless you qualify for a special enrollment period.
For more information contact Senior Resources on Aging CHOICES program at 860-887-3561.