Navigating the world of Medicare can be daunting, especially when it comes to understanding the various enrollment periods. These periods are crucial for ensuring you receive the coverage you need without facing penalties or gaps in your healthcare. Here’s a detailed guide to help you comprehend the different Medicare enrollment periods and make informed decisions.
Initial Enrollment Period (IEP)
The Initial Enrollment Period (IEP) is a seven-month window that starts three months before the month you turn 65, includes your birthday month, and ends three months after. This period is your first opportunity to enroll in Medicare Part A (hospital insurance) and Part B (medical insurance).
Key Points:
Eligibility: Most people become eligible for Medicare at age 65.
