New to Medicare

When you’re new to Medicare, it’s common to feel a little lost. Suddenly, you need to know what all these plans and letters mean, and it’s hard to know which way is up.

Plus, the mountain of mail you receive during this time can make things even more confusing.

It’s quite common for our new clients to bring in their collection of Medicare-related mail. Our dedicated advisors are happy to help you determine what’s important and what can be recycled.

That’s why we put together this guide for people who are new to Medicare. In this guide, you’ll learn:

Which parts of Medicare you’ll apply for through Social Security, and which you’ll purchase separately
What your options are for transitioning out of employer insurance coverage
When you should enroll for Medicare

Leaving Your Employer Plan When You’re New to Medicare

Transitioning from your employer’s insurance plan to Medicare can feel overwhelming—which makes sense, since it’s all brand-new. You’ll be happy to know that it’s actually a straightforward process. Even better, just about all the information you need is right here on our website.

The biggest thing to know is that you’ll only enroll in two parts of Medicare through the Social Security office: Part A and Part B. To enroll in anything else under the Medicare umbrella, you’ll work with an independent insurance agency or agent.

If you’re already receiving Social Security benefits, the government will automatically enroll you in Part A and B. If you aren’t, you must handle enrollment yourself.

Here’s a breakdown of the steps you’ll take when you’re new to Medicare:

Confirm you’re currently eligible for Medicare.
Read up on Medicare costs here on our website.
Apply for Medicare through the Social Security website or your local office.
Receive and double-check your Medicare ID card. Confirm you’re enrolled in both Part A and Part B, especially if you plan to use Medicare as your primary coverage.
Learn more about your coverage options, such as Medicare Advantage and Medicare supplemental insurance.
Look into Part D to decide which drug plan is best for your needs.
Find a dedicated, reliable insurance agency like ours to support you and answer your questions.
Every year, review your Medicare coverage to make sure your coverage suits you and your budget.

New to Medicare and Navigating Employer Coverage

It’s common to work past the age of 65 these days. If this applies to you, you’ll have a few decisions to make regarding your coverage.

So, should you enroll in Medicare and keep your existing employer insurance plan? Or would it be better for your budget to choose Medicare as your primary insurance and add supplemental coverage?

The answers all depend on the details, like what you currently pay for employer coverage and the size of your workplace. Get in touch with our advisors today for advice tailored to you.

Get Custom-Tailored Support from Our Reliable Advisors

Still feeling a bit perplexed about Medicare? You don’t have to figure it all out on your own. Our dedicated, knowledgeable, and supportive advisors are here to guide you every step of the way.

We specialize in meeting you where you are. The first thing you’ll learn is the basics of Medicare coverage, then we’ll talk about supplemental coverage for your specific needs.

With your initial policy in place, you can always rest easy knowing we’re one phone call away anytime you need help.

If you’re new to Medicare and could use some help, call us today at (833) 331-2942.

New to Medicare FAQs

What age am I eligible for Medicare?

You become eligible for Medicare at age 65, even if you’re already receiving Social Security benefits. You may also qualify before age 65 if you have a specific disability or illness.

How do I apply for Medicare?

You can apply for Medicare by completing a quick application on the Social Security website. The process typically takes 10 minutes or less! Not yet receiving income benefits? No problem—you can still apply for Medicare online.

Am I required to start Medicare when I turn 65?

No, you aren’t required to start Medicare when you turn 65. But if you don’t, you’ll potentially face hefty late enrollment penalties. You can avoid this by having another form of creditable medical coverage, which your employer may provide.

How do I know the right time to sign up for Medicare?

Typically, the best time to sign up for Medicare is during your Initial Enrollment Period. This is a seven-month eligibility window that starts three months before your 65th birthday.

How can I get a new Medicare card?

You can print a new copy of your Medicare card anytime by signing in to your online Medicare account. If your card is lost or stolen, or you change your name and need to update your info, you can request an updated card through your Social Security account.

How much will Medicare cost me?

For many people, Medicare Part A costs absolutely nothing, while Part B’s 2024 base premium is $174.70.