Do You Have Clients Who Are Turning 65?

What To Do When Your Clients Are Turning 65

When your clients are approaching their 65th birthday, they have some important decisions to make regarding Medicare.

Whether to enroll in Medicare when turning 65 or delay enrollment to a later date is determined by their employer size.  The immediate action required to enroll in or delay receiving Medicare benefits will be determined by applying the employer guidelines below to each Medicare-eligible employee.

Medicare Guidelines when Turning 65

If you receive group health benefits through your own employment or your spouse’s employment, here are the guidelines to be applied when turning 65.

Calculate your Initial Enrollment Period below:

Note to broker: We can remind your clients when their Initial Enrollment Period in Medicare starts.

Please note that their reminder will be sent 120 days prior to their 65th birthday. If their 65th birthday is within 120 days, give us a call at 703-214-4600 if they need help.

What If You Miss Your Initial Enrollment Period?

If you miss your Initial Enrollment Period, and you were required to enroll in Original Medicare (Parts A and B), you can still enroll for Parts A and B during the General Enrollment Period (GEP). 

GEP occurs annually from January 1 – March 31.  During this enrollment window, you will be able to enroll in Parts A and B and your coverage will begin the first of the month following your application submission.

Note:  Applying during GEP for Part A is only if you have to pay a premium.  If you are eligible for premium-free Part A, you can apply anytime after age 65.  

Can You Be Penalized for Not Enrolling?

Yes, you can be penalized for not enrolling in Parts B and D when first eligible.  For many, if you miss your IEP, you may or may not have to pay a Late Enrollment Period (LEP), depending on your situation. 

Note:  Late enrollment penalties for Medicare Parts B and D will last for the rest of your life!

Employer size is the sole determinant of Medicare enrollment when turning age 65.

Let us do the work for you.

MP Group eases the burden of exploring, choosing and enrolling your clients in a Medicare insurance plan that’s right for them based on their unique circumstances.  Remember, there is no cost to you or your client for our services.