If you’re turning 65 or preparing for Medicare, your Initial Enrollment Period (IEP) is one of the most important windows to make the right coverage decisions. Missing it or choosing the wrong plan may lead to penalties and gaps in care.

At Peoples Insurance Agency, we’re here to help. Follow this checklist to ensure you and your Medicare needs are covered.

1. Determine When You Should Enroll

Timing is critical when it comes to Medicare.

  • Your Initial Enrollment Period (IEP) begins 3 months before your 65th birthday and ends 3 months after.
  • Enrolling early can help you avoid coverage gaps or delays.

During this time, consider your personal situation. Are you still working? Do you have employer coverage? Are you retiring soon? These factors can impact which Medicare option is best for you.

2. Gather Your Information

Before enrolling, collect the necessary details to make informed decisions, including:

  • Personal information (Social Security, Birthdate)
  • Current health insurance details
  • List of current prescription medications
  • Doctors and preferred healthcare providers
  • Estimated health care needs

Having this information ready helps you ensure your plan aligns with your medical needs, especially for prescriptions and provider networks.

3. Compare Your Medicare Options

Medicare is not one-size-fits-all. It’s important to evaluate your options and choose coverage that fits your lifestyle and healthcare needs. Common options include:

  • Original Medicare (Parts A & B)
  • Medicare Advantage (Part C)
  • Medicare Supplement (Medigap)

Peoples Insurance Agency can help you compare plans available in your area so you can make an informed and confident decision.

4. Calculate Your Costs

Understanding the financial aspects of Medicare is essential when selecting a plan. Be sure to consider:

  • Monthly premiums
  • Deductibles and copayments
  • Prescription drug costs
  • Out-of-pocket maximums

Evaluating these costs can feel overwhelming, but our licensed Insurance Agents are here to provide clear comparisons so you can choose a plan that aligns with your budget and financial goals.

5. Call For Help from Peoples Insurance Agency

You don’t have to navigate Medicare alone. At Peoples Insurance Agency, we work closely with you to determine the best enrollment timing, coverage options, and cost structure for your unique needs.

When you work with us, you’ll receive:  

  • Personalized plan recommendations
  • Easy-to-understand cost comparisons
  • Guidance to help you avoid costly mistakes or coverage gaps
  • Ongoing support even after enrollment

Let Us Simplify Medicare For You

Medicare doesn’t have to be confusing. By following this checklist and getting the right guidance, you can make confident, informed decisions about your healthcare coverage.

Contact Employee Benefits Specialist Rowdy Williams at 740.568.4060 or [email protected] to get started with personalized Medicare today! For more information, visit https://www.peoplesbancorp.com/personal/insurance/health/.

INSURANCE PRODUCTS ARE NOT FDIC INSURED; NOT A DEPOSIT; NOT GUARANTEED BY PEOPLES BANK; NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY; MAY LOSE VALUE.

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