‘I Must Enroll In Medicare At Age 65?’

Sample Medicare Card


Let’s look at a few facts of Medicare enrollment.

Fact #1: Those who are already receiving Social Security benefits before age 65 will be enrolled in Medicare automatically when they turn 65. They do not have to do anything; they will get their Medicare card in the mail.

Depending on the type of coverage one has, suspending Part B, medical insurance, in this situation, might be advantageous.

Fact #2: Those who plan to enroll in Social Security at age 65 must also enroll in Medicare.

In both cases (already on Social Security or just signing up for it), enrollment in Medicare, at a minimum Part A, hospital insurance, is required because it is a condition of receiving benefits. If you don’t want Medicare, then you can’t get Social Security.

Fact #3: Those who do not plan to enroll in Social Security at age 65 and who have an employer group health plan, be it as the employee or a dependent, can delay enrolling if the coverage meets two criteria:

• A company with 20 or more employees sponsors the group health plan, and

• The owner of the policy is still working.

When it’s time to retire, these individuals can qualify for a special enrollment period. They can enroll in Medicare, without delay or penalty.

Knowing the facts—who must enroll and who can choose to delay—can bust this Medicare myth.

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