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Explore Your Medicare Options with Guidance from Schwenker Senior Insurance
Most people qualify for Medicare when they turn 65. You may also qualify earlier if you have a qualifying disability or a serious medical condition like End-Stage Renal Disease (ESRD) or ALS (Lou Gehrig’s disease).
Your Initial Enrollment Period (IEP) is your first chance to sign up for Medicare. It’s a 7-month window that starts 3 months before the month you turn 65, includes your birthday month, and ends 3 months after.
If you’re already receiving Social Security or Railroad Retirement Board benefits, you’ll be enrolled automatically in both Part A and Part B. If not, you can sign up online at SSA.gov, over the phone, or at your local Social Security office.
(Use this as a reference guide for timing your decisions)
IEP (Initial Enrollment Period)
ICEP (Initial Coverage Election Period)
SEP (Special Enrollment Period)
GEP (General Enrollment Period)
AEP (Annual Enrollment Period)
OEP (Open Enrollment for Medicare Advantage)
Medicare is made up of two main parts:
Part A – Hospital Insurance
Part B – Medical Insurance
Original Medicare doesn’t pay for everything. You’re responsible for deductibles, coinsurance, and copays. It also doesn’t cover:
That’s why many people add extra coverage — either a Medicare Supplement (Medigap) or a
Medicare Advantage Plan — to help with costs and coverage gaps.
Once you’re enrolled in Medicare, you can choose how to manage your health care:
1. Stay on Original Medicare and add:
2. Join a Medicare Advantage Plan (Part C):
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