What happens if I miss my IEP for Medicare?
If you miss the IEP (Initial Enrollment Period), you can enroll during the GEP (General Enrollment Period) between January 1st and March 31st. The coverage will begin July 1st. Keep in mind that if you miss your IEP, there could be a late enrollment penalty once your benefits start.
When is the Initial Enrollment Period (IEP)?
The first time you can enroll is called your Initial Enrollment Period (IEP), which is a 7-month time frame. It begins 3 months before the month you turn 65, includes the month you turn 65, and ends 3 months after the month you turn 65. For example, if your 65th birthday were in the month…
When can I add Part B to my Part A Medicare?
IEP: If you apply for Part B during “Initial Enrollment Period or Open Enrollment Period”, you won’t have to pay a late enrollment penalty. GEP: If you apply for Part B during the “General Enrollment Period”, the coverage will be effective July 1st. If you delay your Part B and do not have creditable health…
When do my Medicare benefits start?
IEP: If you sign up for Part A and/or Part B, your coverage starts as noted below: If you sign up for Part A and/or Part B this month: Your coverage starts: The first 3 months prior to turning 65 The month you turned 65* The month you turn 65 1 month after you sign…