Over 65

Generally, you do not need to sign up for Medicare when you turn 65 if you are still working and have health insurance coverage based on your or your spouse’s active employment, and the employer has more than 20 employees. Most often, in this situation, you are entitled to a Special Enrollment Period when your employment or insurance ends, whichever happens first. During your Special Enrollment Period, you have eight months to enroll in Medicare A & B without incurring a penalty. Most people, sign up for A & B immediately so there is no gap in their coverage.

Signing Up for Medicare

To sign up during your Special Enrollment Period, you are required to enroll through the Social Security Administration website, http://www.ssa.gov, unless you are already have Medicare Part A. If you already have Medicare Part A, you just need to sign up for Medicare Part B.

We can help you enroll in Medicare and find Supplement or Advantage Plans in person, on the phone, or over Zoom: Click Here or Call 314-890-9200. Our service is always free.

Health Savings Account (HSA) Considerations

When you are enrolling in Medicare Part A and you are older than 65, Social Security will backdate your Medicare Part A effective date six months from when you apply for it. Currently, you are not allowed to make contributions to your HSA if you are enrolled in any part of Medicare. Therefore, you could have tax implications if your Medicare Part A is backdated to a time when you were making HSA contributions.

Two Choices

Once you sign up for Medicare Parts A & B, you have two choices on how to receive your Medicare:

  1. Medicare Advantage Plan
  2. Medicare Supplement Plan + a Medicare Part D Plan

American Medicare Counselors is now American Insurance Counselors. This is a change in name only - we still have the same service, team, location and phone number.