First be aware that when you turn 65 insurance companies and agents purchase lists so that they can solicit you. If you don’t send in a reply card or call them, they cannot, per Medicare, call you or show up at your door unsolicited. And don’t be fooled by the agent/broker who says Medicare told them you were turning 65 – – Medicare does not personally contact agents to inform them of your Medicare eligibility.
If you are currently working and your employer (or spouse’s employer) is over 20 employees, you may elect to activate your Part A (hospital benefit) only, delaying your Part B (outpatient services) with no penalty.
If you decide to go fully onto Medicare A and B, then you can choose to (1) select a Medicare Supplement/medigap policy to cover what Medicare doesn’t fully cover medically as well as a Part D drug plan; /or/ (2) select a Medicare Advantage HMO plan because all of your doctors are in the same medical group and take a Medicare Advantage Plan (the latter will typically also include your prescription drug coverage).
Making a selection is a personalized choice. Resource a trusted agent/broker to help educate you on the choices available to you and which ones will fit your medical, prescription drug and financial needs.