5 Pricey Medicare Mistakes Everyone Makes

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2. Picking the wrong Medigap plan

If you decide to purchase a Medicare supplement plan within the six months of enrolling in Medicare Part B, and if you have a preexisting medical condition, then you are allowed to pick any plan available in your area.

However, you can’t switch plans after that, your insurer can charge you more or even reject it. So, pick your plan right.

3. Forgetting the fact that you can sign up at the age of 65

If you receive Social Security benefits, by the time you turn 65 you will be automatically enrolled in Medicare Part A and Part B. However, if you aren’t receiving the benefits you NEED to sign up for Medicare.

If you are 64 years and 9 months old, you are still able to sign up for Medicare. You have 7 months available to sign up (three months before your 65th birthday to three months after.

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