Baby
Boomers’ Medicare Sign-up
For many older Baby Boomers, it may be difficult
to believe that age 65 and the time to sign up for Medicare is either here or
fast approaching. There are numerous options and decisions to be made, but it
is important to note that if you don’t sign up when first eligible, future
Medicare premiums could be higher than normal.
If you began receiving social security retirement
benefits before age 65, the Social Security Administration will automatically
enroll you in Medicare Part A and Part B effective the month you turn age 65.
For example, if your 65th birthday is September 20, 2011, your Medicare
effective date will be September 1, 2011. Your Medicare card will be mailed
approximately three months before your 65th birthday.
If you are close to age 65 and not yet receiving
social security retirement benefits or Medicare, you can apply for both at the
same time. To ensure your Medicare Part B coverage start date is not delayed,
you should apply three months before the month you turn age 65. This is the
beginning of the seven-month initial enrollment period. If you wait until age
65, or in the last three months of the initial enrollment period, your Medicare
Part B coverage start date will be delayed. You can apply for Medicare at a
local Social Security office or online at www.ssa.gov.