Turning 65? Here's how to sign up for Medicare.

You will need to decide which coverage is appropriate for your individual situation. The two basic components of coverage are Medicare Part A and Medicare Part B. Medicare Part A (Hospital Insurance) covers inpatient hospital stays, care in a skilled nursing facility, hospice care and some home health care. Medicare Part B (Medical Insurance) covers certain doctors' services, outpatient care, medical supplies, and preventive services. 

Even if you are still working and currently have health insurance from your employer you should still sign up at age 65. If you have paid Medicare taxes for at least 10 years you are entitled to the benefits of the the program. Depending on the type of coverage you currently have, you may choose Part B.  Everyone pays a monthly premium for Part B regardless of what you have been paying into Medicare taxes. The premium varies depending on your income and when you enroll in Part B. Most people will pay the standard premium amount of $135.50 in 2019. 

There are only certain times when you can enroll in Medicare. Depending on the situation, some people may get Medicare automatically, and others need to apply for Medicare. The first time you can enroll is called your Initial Enrollment Period. Your 7-month Initial Enrollment Period usually:

• Begins 3 months before the month you turn 65
• Includes the month you turn 65
• Ends 3 months after the month you turn 65 

The U.S. government has set up a free calculator to help determine your eligibility and when you can enroll. This is the best tool to use to help understand when you can sign up. You will be asked a series of simple questions such as your DOB, citizenship and current level of insurance. Follow this link for access to the Medicare calculator.

It is possible to enroll outside of your initial eligibility period, but If you miss enrollment when you’re first eligible, you may have to pay a Part B late enrollment penalty, and you may have a gap in coverage if you decide you want Part B later.

The Social Security Administration has set up an online form to sign up for Medicare. The process takes less than 10 minutes and once it's submitted, you're done. Social Security will process your application and contact you if they need more information. You will receive your Medicare card in the mail. Apply for Medicare here. 

You can use the online Medicare application if you:

• Are at least 64 years and 9 months old;
• Want to sign up for Medicare but do not currently have ANY Medicare coverage;
• Do not want to start receiving Social Security benefits at this time; and
• Are not currently receiving Social Security retirement, disability or survivors benefits.

If you do not wish to use the online enrollment system you can also apply by calling 1-800-772-1213. If you are hard of hearing you can call 1-800-325-0778 You may also make an appointment with your local Social Security office to apply. You can find your local office by entering your ZIP code here.