What is the Medicare general enrollment period?

If I miss my initial enrollment, when can I next enroll in Medicare?

If you miss your Initial Enrollment Period (IEP) for Medicare, you still have opportunities to enroll during specific enrollment periods. Here’s what you need to know:

1. General Enrollment Period (GEP):

   • If you miss your IEP, you can enroll during the General Enrollment Period, which runs from January 1 to March 31 each year. Your Medicare coverage will begin on July 1 of the same year. Be aware that enrolling during this period may result in late enrollment penalties, especially for Medicare Part B and Part D.

2. Special Enrollment Period (SEP):

   • If you have creditable coverage (like employer-sponsored health insurance), you may qualify for a Special Enrollment Period when that coverage ends. During the SEP, you can enroll in Medicare without penalties. The SEP lasts for 8 months after your employment or coverage ends. This period is especially useful for delaying Part B while working and covered under an employer plan.

3. Annual Open Enrollment Period (for Medicare Advantage or Part D):

   • If you need to enroll in or make changes to a Medicare Advantage Plan (Part C) or a Prescription Drug Plan (Part D), the annual Open Enrollment Period runs from October 15 to December 7. Changes made during this time take effect on January 1 of the following year.

If you’ve missed your IEP and want to avoid penalties or understand the best time to enroll, it’s recommended to speak with a Tsunami Advisor for personalized advice. You can schedule an appointment here: Schedule an Appointment.