PART
2

Enrolling for Medicare

If you thought signing up for Medicare would be easy, be prepared for the red tape. While some people are automatically enrolled in the program, many are not.

Initial enrollment periods, general enrollment periods, open enrollment periods, special enrollment periods, each one has a different timeline. The trick is that you can only sign up for certain parts of Medicare at certain times, and if you do not sign up at the right time, you could be on the hook for expensive late penalties.

Knowing which enrollment periods apply to you is key to getting a healthy start with Medicare. More importantly, understanding which parts of Medicare you should sign up for, and when to do it, will impact your future. This part will be your stopwatch.