Medicare Basics
Are you or a loved one turning 65 soon? If so, let me help you navigate this transition.
What is Medicare? Medicare is health insurance for those that are 65 or older and those with certain disabilities.
When do I sign up? If you're getting social security benefits 4 month before you turn 65, you'll automatically get Part A and Part B when you turn 65. If you are not receiving social security benefits, you will sign up starting 3 months BEFORE you turn 65 and ending 3 months AFTER you turn 65.
What are the parts to Medicare?
Part A (Hospital Coverage) helps cover inpatient care in hospitals, skilled nursing facility care, hospice care and home health care.
Part B (Medical Insurance) Services from doctors and other health care providers, outpatient care, home health care, durable medical equipment, and many preventative services.
Part D (Drug Coverage) Helps cover the cost of prescription drugs.
Medicare Supplement Insurance: Extra insurance you can buy to help pay your share costs in Original Medicare.
What are my options? There are two main ways:
Original Medicare: Includes Parts A and B, you can add the following:
Part D Drug plan
Medicare Supplement Click Here for More Information
Dental, Vision and Hearing
Medicare Advantage: most are an all-in-one, they provide all of the benefits of Part A & B and often include part D, Dental and Vision in one policy. Click Here for More Information
When choosing a plan, consider your healthcare needs and budget. If you prefer more predictable costs and flexibility in choosing providers, a Supplement may be the better option. If you're looking for comprehensive coverage, including prescription drugs and additional benefits, a Medicare Advantage plan might be more suitable.
Evaluate plan availability and coverage options in your area: The availability of Supplement plans and Medicare Advantage plans can vary by location, so compare the plans available to you before making a decision.
Ultimately, the choice between Supplements and Medicare Advantage depends on your individual preferences, healthcare needs, and financial considerations.
