Part A? Part B? Part D? (Almost makes you not want to part with your old health insurance.)
Here you are on the cusp of the carefree life of retirement. Yet you’re worried because you don’t really know what part of Medicare ‘care’ is ‘free’ and what isn’t covered. Or how much premiums cost. Or even when you need to apply. And this ‘Medigap’ or ‘'Advantage’ you need to choose between—what are they, anyway? Your concerns are understandable. After all, this is the biggie. The health plan that is supposed to help see you the rest of the way through. So, naturally, you want to get this right. Let me help. I’ll carefully explain each element of Medicare. Make sure you understand every nuance. Consider every difference and every advantage. Together, we’ll arrive at the plan that is right for you. It’s not as hard as it looks. You’ll see. Quick as can be, you’ll have everything squared away. So you can get on with setting up your other plans—like, where to meet friends for your Monday morning coffee chat.
Call me, Christina Evans,
A few answers to a few questions you might already have:
When can I enroll in Medicare?
If you have worked at least 10 years, paid medicare taxes, and are 3 months before your 65th birthday, you will automatically be enrolled in Medicare Part A. There are several factors to consider when enrolling in Medicare Part B but you can enroll beginning the three months before your 65th birthday.
Do I need another plan or is Medicare enough? Medicare Part A and Part B have deductibles and coinsurance that need to be considered. Unless you are on a qualified prescription plan, you also may need to enroll in Medicare Part D to avoid penalties.
Do I need to enroll in Medicare A & B if I am purchasing a Medicare Advantage or a Medicare Supplement? Unless you are on a qualified health plan with your employer or other, you must enroll in Medicare Parts A & B before you can enroll in Medicare Advantage or Medicare Supplement plans.
Does Medicare cover prescriptions? You must add a Medicare Prescription Drug Plan (Part D), or get a Medicare Advantage Plan (Part C) such as an HMO or PPO that offer Medicare prescription drug coverage. Private insurance companies administer these plans. If you don't enroll in a Prescription Drug Plan when you are eligible,you may have to pay a penalty. Ask me for more information.