The General Enrollment Period, GEP, for 2017 is almost over! This enrollment period is especially important for those who did not get signed up for Medicare when they were first eligible. Medicare provides a General Enrollment Period every year from January 1st to March 31st, and this is generally the only opportunity during which Medicare eligibles can enroll in Parts A and Part B if they failed to do so during their Initial Enrollment Period, IEP.
Topics: General Election Period, General Enrollment Period, What is Medicare Part B?, Medicare Part B, Part B, Penalties, Part B Penalties, applying for Medicare, Medicare, how medicare works, medicare penalties
Knowing when to enroll in Medicare Part B, the part of Medicare that covers surgeries, outpatient medical care, therapies, medical equipment and doctor visits, just to name a few services, is very important. Often times beneficiaries are unaware as to when to enroll leading to much confusion, and that can end up being costly. You see, if you do not get enrolled in Part B when you are first eligible, or when you lose Creditable Coverage, you may get stuck with a hefty lifetime penalty.
Topics: Medicare, What is Medicare?, Medicare Part B, What is Medicare Part B?, Penalties, Medicare Enrollment, health insurance, medicare health insurance, Doctor Services, initial enrollment period, medicare insurance, General Enrollment Period, Special Enrollment Period