Did You Know: Enrolling in Original Medicare Part B for the Second Time

Enrolling into Original Medicare Part B for the second time happens more often than we think.

Client is under 65, enrolled in Medicare A & B, but stayed on her husband’s group plan. Realized a few years into it, that it was a waste of money to pay the Part B premium and stay on the group plan, so she dropped Part B.

Husband is now retiring and the group coverage will be ending and will be re-enrolling into Medicare Part B. Will she have a SEP and/or GI right?

Answer: Yes, it is SEP/GI because she had the creditable group coverage, however, it would not be another open enrollment for commission purposes. Her (or the agents) next open enrollment for the full commission is when she turns 65.