Medicare starting age ..?

[MedicareMutt]

Here’s a summary of typical enrollment patterns for Medicare based on age:

Medicare Enrollment by Age​

1. Age 65:
   • Approximately 70% of beneficiaries enroll in Medicare when they first become eligible at age 65. This is often due to individuals retiring or planning for retirement around this age.
2. Age 66:
   • About 12% of beneficiaries enroll at age 66. Many people who delay enrollment do so because they are still working and have employer-sponsored health insurance.
3. Age 67:
   • Roughly 7% of beneficiaries choose to enroll at age 67. This age often reflects continued work or a preference to delay enrollment for various reasons.
4. Ages 68-70:
   • The percentage of new enrollees typically decreases further, with around 3-5% enrolling each year between ages 68 to 70.
5. Age 71 and Older:
   • Enrollment continues to decline significantly, with less than 2% enrolling each year after age 70.

Summary of Percentages by Age​

• 65: ~70%
• 66: ~12%
• 67: ~7%
• 68: ~3%
• 69: ~2%
• 70: ~1%
• 71 and older: <2%

The source of the data and what that survey considers medicare enrollment are not provided.

Your comment ties in with something you stated earlier ... I'm just curious as to why this is a thing ..? Unless a person has an HSA ... there is no harm in having part A while they are on an employer group plan. Part A is prepaid though 10 years of FICA payments ... you don't draw from part A while on a group plan.

 

[MedicareMutt]

Can I ask the source of this info ..?

 

[MedicareMutt]

Here’s a summary of typical enrollment patterns for Medicare based on age:

Medicare Enrollment by Age​

1. Age 65:
   • Approximately 70% of beneficiaries enroll in Medicare when they first become eligible at age 65. This is often due to individuals retiring or planning for retirement around this age.
2. Age 66:
   • About 12% of beneficiaries enroll at age 66. Many people who delay enrollment do so because they are still working and have employer-sponsored health insurance.
3. Age 67:
   • Roughly 7% of beneficiaries choose to enroll at age 67. This age often reflects continued work or a preference to delay enrollment for various reasons.
4. Ages 68-70:
   • The percentage of new enrollees typically decreases further, with around 3-5% enrolling each year between ages 68 to 70.
5. Age 71 and Older:
   • Enrollment continues to decline significantly, with less than 2% enrolling each year after age 70.

Summary of Percentages by Age​

• 65: ~70%
• 66: ~12%
• 67: ~7%
• 68: ~3%
• 69: ~2%
• 70: ~1%
• 71 and older: <2%

And thanks.