{"id":3869,"date":"2021-09-24T13:12:33","date_gmt":"2021-09-24T17:12:33","guid":{"rendered":"https:\/\/yourcarerep.com\/?p=3869"},"modified":"2021-09-24T13:12:33","modified_gmt":"2021-09-24T17:12:33","slug":"enrolling-in-part-b-after-tunring-65","status":"publish","type":"post","link":"https:\/\/yourcarerep.com\/agent-clone-template\/enrolling-in-part-b-after-tunring-65\/","title":{"rendered":"Enrolling in Part B After Turning 65? 2 Things You Must Know: Especially Veterans"},"content":{"rendered":"

Becoming a Medicare Advantage agent and a veteran\u2019s specialist has taught me quite a bit about how Medicare works and the mistakes to avoid as a veteran on either VA benefits or TRICARE For Life. \u00a0As I speak with them, I am learning those who have not taken Part-B (the medical insurance portion of your Medicare benefits that Social Security deducts $148.50 in 2021, per month, from your check) and now realized they need it, are having a hard time getting it in a timely manner.<\/p>\n

This is troublesome, because (as in one instance with a vet that has already accrued 50% lifetime penalties), the longer it takes to get it, the higher the penalties<\/a> continue to accrue (to learn more about penalties, click here<\/a>).<\/p>\n

So, let\u2019s take a look at what you must do in order to receive your Medicare Part-B enrollment, if you did not take it when you should have, during your initial enrollment period (IEP).<\/p>\n

Part-B Enrollment during your IEP<\/h2>\n

Medicare gives you seven (7) months for your IEP. It starts three (3) months before your birthday month, plus your birthday month, and ends three months after your birthday month on the last day of the month. For example: If your birthday were December 15th<\/sup>, your IEP would start on September 1st<\/sup> and end after March 31st<\/sup>.<\/p>\n

Special note: If your birthday is the first day of the month, like December 1st<\/sup>, your effective date will be the month prior to your birthday. Instead of a December 1 effective date, your Medicare benefits will start one month early on November 1st<\/sup>.<\/strong><\/p>\n

Now why is this important when it comes to Part B? Some people get enrolled automatically, due to their circumstances. However, many have to enroll themselves. Why? Well, if you are still working and receiving health insurance from a group of 20+, you don\u2019t need to take it right away. If you receive health insurance from your spouse\u2019s job, with the same criterion, you don\u2019t need to take it right away. Therefore, the onus is on you to make sure you are enrolled.<\/p>\n

If you procrastinate and decide to enroll on your birthday month, it won\u2019t be effective until the following month. But here\u2019s where it gets tricky.<\/p>\n