A 15-second read by the Baron Team: Medicare is health insurance for individuals who are 65 and older, under 65 with certain disabilities, or those who have End-Stage Renal Disease (ESRD). The 2020 Medicare annual enrollment period begins Oct. 15, 2019, and runs through December 7, 2019. You can change your Medicare Advantage and Part D plans without special enrollment requirements.
The 2020 Medicare Parts A & B premiums and deductibles will be available in November at cms.gov.
If you are applying for Medicare for the first time:
- Sign up during first 3 months before you turn 65
- Medicare starts the first day of the month you turn 65
- Can sign up during the 4th – 7th months, but your start date will be delayed
- If the initial enrollment period has passed, you may incur higher premiums
You can learn more at Medicare.gov, the official U.S. Government site for Medicare.
If you have any further questions, please don’t hesitate to contact the Baron Financial Group Team.