Annadel Insurance Services

Medicare Enrollment Timing: Turning 65 soon? Your Initial Enrollment Period begins three months before your 65th birthday month and lasts for seven months, helping you avoid costly late enrollment penalties.

COBRA stand for Consolidated Omnibus Budget Reconciliation Act. It's a law that protects you and your family if you lose your employer-sponsored health benefits. If you qualify for COBRA coverage, then you have the option of continuing your employer-sponsored health plan for a limited period of time.

The Income Related Monthly Adjustment Amount (IRMAA) is an additional monthly charge that people with certain high-income levels must pay on top of their Medicare Part B and D premiums.