Here’s a video that explains the basics of Medicare:
As you approach age 65, you have a 7 month window to apply for Medicare – the three months before your birthday month, your birthday month, and the three months after (If your birthday is on the first day of the month, Medicare considers the month before your birthday to be your birthday month). There’s a penalty for applying late for Part B. The penalty is waived if you have employer coverage from your or your spouse’s job.
While Medicare alone is pretty good coverage, Part A does have its $1600 deductible and Part B only pays 80% of the bill. Most people choose to protect themselves further, either by purchasing a Medicare Supplement insurance policy (Medigap) and a Part D drug plan, or by choosing to enroll in a Medicare Advantage plan. Most Medicare Advantage plans include a drug plan.
I can help you choose the plan or plans that fit your needs and your budget.