Applying for Medicare Only. If you are within three months of age 65 or older and not ready to start your monthly Social Security benefits yet. You can use the online retirement application to sign up just for Medicare and wait to apply for your retirement or spouses benefits later.

Before you decide. You need to be sure that you understand how waiting until later will affect:

If you have a Health Savings Account (HSA) or health insurance based on current employment, you may want to ask your personnel office or insurance company how signing up for Medicare will affect you.

Lifetime Benefits We Can Pay On Your Record

You can start your retirement benefit at any point from age 62 up until age 70. Your benefit amount will be higher the longer you delay starting it. This adjustment is usually permanent. If you:

If your full retirement age is 66 and you decide to start your retirement benefits at age 65, your benefit will be 93.33 percent of your full benefit amount.

If You Plan To Continue Working

Even if you plan to continue working, you may still be able to receive some benefits. If you are under full retirement age and you earn over a certain amount, we will deduct the excess earnings from your benefits.

If you delay receiving benefits until the month you reach full retirement age, you may receive your benefits with no limit on your earnings.

For more information that will help you decide the best time to start benefits, please read Other Things To Consider.

Your Health Insurance Coverage

Medicare is our country’s health insurance program for people age 65 or older. The program helps with the cost of health care. But it does not cover all medical expenses or the cost of most long-term care.

Should I Sign Up For Medical Insurance (Part B)?

When you sign up for Medicare, you will be asked if you want to enroll in Medical insurance (Part B).

If you do not choose to enroll in Medicare Part B and then decide to do so later, your coverage may be delayed and you may have to pay a higher monthly premium unless you qualify for a “Special Enrollment Period,” or SEP.

Special Enrollment Period (SEP)

If you are age 65 or older and your medical insurance coverage is under a group health plan based on your, or your spouse’s, current employment, you may not need to apply for Medicare supplementary medical insurance (Part B) at age 65. You may qualify for a SEP that will let you sign up for Part B during:

If you want to know more about enrollment periods for Part B, please read the information about the General Enrollment Period (GEP) and the SEP in the Medicare booklet or talk to your personnel office before you decide.

If you already have Medicare Part A and wish to sign up for Medicare Part B, you cannot sign up online. Please call us at 1-800-772-1213 (If you are deaf or hard of hearing, please call our TTY number at 1-800-325-0778.) or call your local Social Security office to sign up for Medicare Part B only.

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