Most people will automatically be enrolled in Medicare Part B when they turn age 65. If you are covered under an employer group health plan you may wish to delay enrollment in Medicare Part B.
If you delay enrolling in Part B and do not have a valid reason you may be charged a late enrollment penalty.
Insurance Representative, Transamerica Agency Network, Louisville KY
You will enrolled for Medicare Part A automatically when you turn 65. If you are receiving Social Securiy you will be enrolled in Part B automatically and Social Security will start deducting your Part B premium from your monthly Social Security Benefit. If you are not receiving Social Security benefits Medicare will notify you 4 to 6 months prior to your Medicare open enrollment period that you are eligible for Medicare the first day of your birth month on your 65th birthday. Your Open Enrollment Period is a 7-month period beginning 3-months before your 65th birthday and 3-months after. You can reply to the Medicare enrollment reminder to enroll you in Medicare or you can decline Part B. If you are not receiving Social Security benefits you will have to pay the first 3-months of your Part B premium by check or money order. You can decline Part B without penalty as long as you are enrolled in an qualified employer health care plan. If you are not enrolled in such a plan you will be penalized 10% each year when or if you apply for Part B. You can also use the Medicare.gov website to enroll online.
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If you delay enrolling in Part B and do not have a valid reason you may be charged a late enrollment penalty.