Medicare Enrollment

One of the most confusing parts of Medicare includes when to apply for Medicare. There are specific enrollment periods in which you must enroll to avoid late enrollment penalties.

For example, suppose you are turning 65, and this is your first time being eligible for Medicare. In that case, you must enroll during your Initial Enrollment Period (IEP). This 7-month window includes the three months before your birthday month, your birthday month, and then three months after.

Other Medicare Enrollment Periods

While your IEP is one of the most important enrollment periods, it isn’t the only Medicare enrollment period you need to make a note of. Below are the Medicare enrollment periods that all newly eligible or already enrolled individuals should know about!

General Enrollment Period (GEP)

The GEP begins January 1 and ends March 31 of every year. You can enroll in Medicare during the GEP if you missed your IEP. However, you may have to pay late enrollment penalties if you enroll during this period.

Special Enrollment Period (SEP)

You can avoid late enrollment penalties if your qualify for a SEP. This period grants you the chance to delay your Medicare enrollment if you’ve experienced certain circumstances.

Annual Enrollment Period (AEP)

AEP begins October 15 and ends December 7 of every year. If you are enrolled in Medicare, you can use this time to review your plan and make changes if necessary. Any and all changes will become effective on January 1 of the following year.

Medigap Open Enrollment Period

This 6-month period becomes available when you are 65 and your Part B coverage is effective. This period allows you to buy a Medigap plan without the worry of being denied coverage.

Medicare Advantage Open Enrollment Period

This period begins January 1 and ends March 31 of every year. If you have a Medicare Advantage plan, you can use this period to switch to a new plan or go back to Original Medicare. You can only switch plans once during this time.

Want to Learn More About Medicare Enrollment?

Applying for Medicare can be confusing. We’re here to help. When you’re unsure of which direction to go, we will be your Medicare GPS, guiding you to the best Medicare coverage possible!

We are committed to helping you realize your health and financial goals by making you aware of all your options so that you can make the best choice for yourself and your family.