Ask Terry Questions Medicare sign up

Medicare sign up

By Terry Savage on May 13, 2024 | Insurance & Annuities

Hi Terry
I will be turning 65 years old in September, 2024, Do I have to apply for Medicare even tho
I am not retiring yet ?

Terry Says

It depends on your company.  If the company you work for and get your health insurance from has fewer than 20 employees, its plan might require you to sign up for ONLY Medicare Part A (hospitalization) in order to be covered by your company plan.  Since Part A does not cost anything, there is no reason not tosign up even if your company does not require it.

But you don’t sign up — and pay for — Part B (and part D for drugs) — until you lose your company coverage at retirement.



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