Your Essential Medicare Enrollment Guide for Maximum Benefits

Enrollment Periods and Penalties

To avoid late enrollment penalties, it's crucial to sign up during the designated periods. The Initial Enrollment Period (IEP) starts three months before the month you turn 65 and ends three months after. Missing this window could lead to higher premiums for Part B and Part D. There are also Special Enrollment Periods (SEPs) for those who qualify due to specific life events, such as losing employer coverage⁵.