Medicare Myriam Show

Medicare is a federal health Insurance program for people 65 and older. Under 65 and receiving social security disability Insurance for a certain amount of time or under 65 with end stage renal disease.

Your initial Medicare enrolment period is a 7 month window it begins 3 months prior to your 65th birthday and ending 3 months after your 65th birthday for those not collecting social security benefits you can enrol online at ssa.gov/medicare or you can call into social security at 1-800-772-1213 or you can visit your local social security office- if it’s open.

Now, my advice is to go to ssa.gov/medicare , it is the quickest way if you need help enrolling you can email me at questions@unitedInsuranceExperts.com. I can help you, I can guide you, we could do it by fax into social security just give me a call I can help.

Part A covers your hospital stay your skilled nursing facility pretty much all the things that you need in a hospital or skilled nursing facility. Part B, is a medical Insurance it covers your doctor’s visits and services other examples are outpatient care, clinic visits, ambulance services, preventative care, etc., For most, Part A is premium free after 10 years of work other costs could include a deductible some copays or co-insurance. Part B, does come with a cost this is surprising to many. For 2020, to the standard Part B premium is $170.10 per month, for many the Part B premium could be higher. There are other cost with Part B like some copays, deductibles and co-insurance. If you decide to only stay with Part A and Part B which is original Medicare, also known as Traditional Medicare, it does not cover everything, you pay 20% co-insurance and Medicare pays 80%. So, please know that if you stay with Original Medicare there is a gap that you will be responsible for.

This is where Part C comes along, Part C is also known as Medicare advantage plan they’re offered by private Insurance companies and I’m sure you have seen the commercials like I said earlier in the show they run all the time constantly they’re telling you, get at a Part B. credit you’re getting dental you’re getting hearing those are Medicare advantage plans. They cover everything that Original Medicare covers. All of your Part A and Part B benefits and most offer additional benefits like prescription drugs, dental and hearing and etc..

Most Medicare advantage plans are 0 premium, other costs could be copays and deductibles and co-insurance. One important thing to know about Medicare advantage plan is that they are required to set an annual maximum out of pocket limit, once you reach that limit the plan will pay all of the costs for the remaining year.

The standalone part D plan could come with copays and it does come with a premium. Now, let’s talk about Medicare supplements. Medicare supplements also known as Medigap plans, please know that these plans run from letters A through N varying and different coverages, of course the most popular letter is G. Most of you have heard of plan G, know that these are standardized they’re the same coverage everywhere. Okay, so this is important to know because I’ve had people come to me and say no I have planned G. with such and such company and I pay such and such amount and they don’t realize it’s the same coverage you just have to shop the best rate. Please know that United Insurance Experts is contracted with multiple companies around the nation and we can shop the best rate for your Medicare supplement like I said the Medicare supplement plans are standardized they’re the same identical plan. There’s only 2 different things that you have to look at, 1 being the rate, 2 the customer service. Please know you can reach me for anything regarding Medicare at 561-464-CARE that number again is 561-464-2273 or you can email me at questions@unitedInsuranceExperts.com that email again is questions@unitedInsuranceExperts.com