Our goal is to give you the tools and confidence you need to improve your health and finances. Although we may receive compensation from our partner insurance companies, whom we will always identify, all opinions are our own. CoverRight Inc. and CoverRight Insurance Services Inc. (NPN: 19724057) are collectively referred to here as "CoverRight".
CoverRight CEO, Richard Chan explains when your Medicare Coverage becomes effective and how it depends on when you sign up. It is not necessarily as simple as many people think. If you’re not careful you might have a coverage gap before your Medicare plan starts. Watch this episode to learn all the details. We explore the following topics:
- Signing up in the first three months of your IEP (initial enrollment period)
- When your plan starts if you enroll the month of your birthday
- The different effective dates which are based on when you enroll in the final three months of your IEP.
- Richard also discusses a new proposal by the CMS that would potentially change the delayed start date process.
- You can learn more about that here: https://www.fiercehealthcare.com/
