Medicare Insurance
Navigating Your Medicare Options
Medicare is more than just health insurance; it's a foundation for maintaining your health and well-being as you age. Whether you're approaching eligibility or considering changing your current plan, we're here to help you understand your options and make the best choices for your healthcare needs.
Understanding Medicare
Medicare is a federal health insurance program for people aged 65 and older, as well as for some younger individuals with disabilities or specific diseases. Medicare consists of four main parts, each designed to cover different aspects of your healthcare needs:
Part A (Hospital Insurance): Covers inpatient hospital stays, care in skilled nursing facilities, hospice care, and some home health care.
Part B (Medical Insurance): Covers certain doctors' services, outpatient care, medical supplies, and preventive services.
Part C (Medicare Advantage Plans): A private alternative to Original Medicare (Parts A & B) that often includes additional benefits.
Part D (Prescription Drug Coverage): Helps cover the cost of prescription drugs.
Choosing the Right Medicare Plan for You
Selecting the right Medicare plan involves understanding your health needs and financial situation. Here's how to start:
Compare Original Medicare and Medicare Advantage: Decide whether Original Medicare or a Medicare Advantage Plan (Part C) better suits your needs.
Consider Adding Part D: If you choose Original Medicare, you might want to add a Part D plan to help with prescription drug costs.
Medigap: If you have Original Medicare, purchasing a Medigap policy can help pay for out-of-pocket costs.
Review Annually: Your health needs can change, and so do the details of Medicare plans. Review your coverage annually during the Open Enrollment Period.
Enrollment and Eligibility
Initial Enrollment Period: You can first enroll in Medicare during the 7-month period that begins 3 months before the month you turn 65.
General Enrollment Period: If you miss your Initial Enrollment Period, you can enroll between January 1 and March 31 each year, with coverage starting July 1.
Special Enrollment Periods: Certain life events, like losing employer coverage, may qualify you for a special enrollment period.
Frequently Asked Questions
Q: When should I sign up for Medicare?
A: It's best to sign up during your Initial Enrollment Period to avoid late enrollment penalties and coverage gaps.
Q: Can I switch from Original Medicare to Medicare Advantage?
A: Yes, during the Annual Election Period (October 15 to December 7) or during the Medicare Advantage Open Enrollment Period (January 1 to March 31).
Q: What is covered under Medicare Advantage?
A: Medicare Advantage Plans must cover all services that Original Medicare covers. Many plans offer additional benefits, such as dental, vision, and hearing.
Get Personalized Assistance
Choosing a Medicare plan is a significant decision, and you don't have to make it alone. Our team of Medicare specialists is here to provide personalized assistance, answer your questions, and help you navigate your options.
Contact Us
Ready to discuss your Medicare options or have more questions? Reach out today for expert guidance and take the first step toward securing your health and peace of mind.
We do not offer every plan available in your area. Currently we represent six organizations which offer 56 products in your area. Please contact Medicare.gov, 1–800–MEDICARE, or your local State Health Insurance Program to get information on all of your options.Navigating Your Medicare Options