Will It Cost Me More If I Take Medicare Later?
While it shouldn't technically cost you more by waiting to get insurance from Medicare it is important to note the procedural process. It is that process that could inadvertently wind up costing you money. There is an initial enlistment period when you first turn 65, where you should apply for coverage before that day. If you choose not to there aren't harsh penalties, but you may not get the coverage you need for up to half a year, which means you may be stuck paying medical bills on your own.
Why It Is Important To Apply Early
Like with most other things, the early bird truly gets the worm. If know you are having medical problems and need treatment before you will qualify for Medicare then you should start the application process as soon as possible. The penalty incurred by the department of DSS isn't monetary, its more time related. If you know that treatment can't wait, and you can't afford it then it could possibly cost you more if you take Medicare later. It is your choice, and a very important one at that.
Consider The Benefits Of Coverage
Even if you do have a great private insurance policy it may still be in your best interest to sign up early for Medicare. It can be used as a supplemental policy which can cover a large portion if not all of what your private insurance will. It can cost you more if you take Medicare later, but knowing the rules and regulations will help you to make an informed decision that will benefit you. There really is no reason to let your health care and finances hang in the wind.