I'm Over 65 and Working

1. You still have a Medicare Initial Enrollment Period (IEP) when you turn 65. You may want to consider enrolling in Part A during this time. Part A is premium free as long as you or your spouse worked and paid Medicare taxes for at least 10 years.


2. You must be proactive and enroll in Medicare yourself. You are not automatically enrolled into Medicare unless you currently receive Social Security or Railroad Retirement Board benefits.


3. You may qualify for a Special Enrollment Period (SEP). This allows you to delay enrolling in both Part B and Part D without incurring penalties for late enrollment. That being said, you need to get confirmation of creditable coverage form your employer.

• What kind of health plan do I have? For example, many employer plans are HMOs (health maintenance organizations).
  
  
• Does my employer require that I enroll in Medicare?
  
  
• How would my health insurance change if I enrolled in Medicare?
  
  
• How much is deducted from each paycheck for health insurance? (Remember that you do not pay taxes on payroll deductions for health insurance. You need to consider the tax savings to determine the total value.)