Turning 65? Avoid Paying a Medicare Penalty

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Millennium Physician Group- FL

For more information about the author, click to view their website: Millennium Physician Group

Posted on

Jul 26, 2023

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Florida - Sarasota, Bradenton & Charlotte Counties , Florida - Southwest

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WHEN TO ENROLL IN MEDICARE TO AVOID PAYING PENALTIES

If you’re turning 65 soon, you’ve hopefully started your personal Medicare journey. There’s a lot of information, and it can be confusing. A valuable service by Millennium Physician Group is our Millennium Medicare Connect program. It delivers access to programs, network, and doctors that give you the confidence to make the right Medicare choices and the tools to get the most out of your healthcare.

“If you don’t sign up for Medicare when you’re first eligible or pick up Part B within 60 days of retirement, you may incur a late enrollment penalty that will stay with you every year,” explains Valentina Ayala, a Medicare Advisor from HealthShare360.

IF YOU’RE TURNING 65 AND NO LONGER PLAN TO WORK:

You should enroll in Medicare Part B to avoid paying a penalty for late enrollment. Part B is the medical insurance (or doctor coverage) you’re entitled to. It requires a monthly premium, and you have a limited time to sign up. If not, you could delay your coverage until the following year.

IF YOU’RE TURNING 65 AND PLAN TO CONTINUE WORKING:

If you (or your spouse) are still working, Medicare works a little differently. It depends on how you currently get your health insurance and how many employees there are in your company. There are a lot of variables, so it’s recommended you talk to an unbiased, qualified expert in Medicare plans and options to determine how you get Medicare based on your situation.

IF YOU’VE RETIRED BUT ARE GOING BACK TO WORK:

If you can get employer health coverage that’s considered acceptable as primary coverage, you are allowed to drop Medicare and re-enroll later without penalties, or you can use it as your secondary coverage.

“Every situation is unique, which is why I encourage [people] to talk to an insurance agent specializing in Medicare about your plan options to help you enroll in the plan that’s best suited for your individual needs,” says Ayala.

Millennium physicians lead the country in the quality of care they deliver to Medicare patients. To find out more about your Medicare options, including connecting with our Medicare Advisors, visit YourMedicareConnect.com.

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Millennium Physician Group

Primary Care Providers for Seniors 6321 Daniels Parkway, Fort Myers, Florida, 33912

Millennium Physician Group is a leading provider of comprehensive healthcare services in Florida. With a network of over 400 healthcare providers, we are committed to delivering personalized, high-quality care to our patients. Our team includes primary care physicians, specialists, and advanced practitioners who work together to ensure our patients receive the best possible care.At Millennium Physician Group, we offer a wide range of services, including primary care, cardiology, dermatology, gastroenterology, and more. Whether you need routine preventive care or treatment for a complex medical condition, our team is here to help. We also offer telehealth services, allowing you to access care from the comfort of your home.With locations across Florida, including Fort Myers, Naples, and Port Charlotte, we strive to make healthcare convenient and accessible for our patients. Our goal is to help you live a healthier life and achieve your wellness goals. Visit our website to learn more about our services and find a location near you.

Millennium Physician Group

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Millennium Physician Group, established in Port Charlotte, Florida, in 2008 and now headquartered in Fort Myers, has emerged as the premier independent physician group in the Southeast, boasting a network of over 800 healthcare providers. Our commitment to delivering exceptional care is reflected in our comprehensive range of services, which span primary care, specialty care, walk-in centers, radiology and lab services, physician therapy, telehealth, wellness programs, home health, hospital care, and more.At Millennium Physician Group, we prioritize a patient-centric approach, striving to create a truly connected healthcare experience for individuals across the region. Our philosophy is rooted in value-based care, and we consistently engage our physicians to ensure the highest standards of quality and service. By offering a coordinated and comprehensive continuum of care, we aim to be Your Connection to a Healthier Life.With a dedication to excellence and a commitment to innovation, Millennium Physician Group continues to set the standard for healthcare delivery in the Southeast. We are honored to serve our communities and remain steadfast in our mission to improve the health and well-being of every patient we have the privilege to care for.

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