My how time flies.

If you are reading this chances are you are past your 64th birthday and hearing all sorts of information on the subject of Medicare. As you approach your 65th birthday you most likely will have some decisions to make on what you need to do in order to get the best coverage for your needs through the Medicare program. Our job is to make your transition to Medicare as easy and transparent as possible.

You may feel some anxiety...but we are here to help with these four easy steps.

1. You must be enrolled in Part A and Part B of Medicare through Social Security.

2. You need a cost analysis of each Part of Medicare, and addition coverage to determine what you can afford.

3. Determine which coverage will work best for you based on your healthcare needs and budget.

4. Work with an independent agent who will help with your enrollment and provide ongoing support to you.

Finding the right Medicare plan may be easier than you think.

Which one of these scenarios best describes you?

I'm 65 soon and new to Medicare.

The most important step is to verify that you are enrolled in Part B of Medicare. If you are already receiving Social Security benefits, then you will be enrolled automatically. If not, there are three options to choose from. 

I'm over 65 and retiring soon from my employer.

If you continued to work past age 65 and are now considering full retirement, you'll need to complete some steps to start full Medicare benefits. You'll have timelines to consider to avoid any potential penalties. 

I'm disabled and under 65 years old

If you have received Social Security Disability Income for at least 24 months you'll be eligible for Medicare. At this time we can help you choose either a Medicare Advantage or Medicare Supplement plan. 

Plenty of time to make your decision.

A few things to keep in mind with timing and signing up for Medicare. With regards to Medicare Supplement (Medigap) you can sign up for coverage six months prior to the month of your birthday. If you do, remember that you’ll be locking in a rate for twelve months starting on the month of your 65th birthday. You’ll not be able to enroll in a prescription drug plan until three months prior to your 65th birthday. This is also true if you decide on enrolling in a Medicare Advantage plan.

Frequently Asked Questions:

We want to take the time to answer some questions we are frequently asked from people considering changing Medicare plans, just like you.

Does Medicare cover all my healthcare expenses?

Medicare insurance on average pays approximately 80% of the bills and whatever is left over is your responsibility to pay. This is commonly known as the ‘gaps’ in Medicare. We will show you how to cover these gaps with Medigap Insurance.

How much will Medicare Cost?

The good news is that if you have worked 10 years and paid taxes through payroll your Medicare Part A is premium free. The Medicare Part B premium is a little more complicated as it is based on your income. For now, let’s just say that for most people the Part B premium in 2020 is $144.60 per month.

When do I sign up for Medicare?

If you are receiving Social Security retirement benefits, then you will be automatically enrolled in Part A and Part B of Medicare. The effective date will be the first day of the month you turn 65.  If not, you must contact Social Security to sign up for Part B. If you are continuing to receive health care insurance through your employer or union in addition to drawing Social Security retirement benefits, then you must inform Medicare to delay your enrollment in Part B.

Do I really need Medicare?

Maybe not. Many folks these days continue to work past the normal retirement age of 66. If your employer or union offers healthcare coverage you may want to delay your Medicare benefits. When you do finally decide to retire you have an eight month window to sign up for Medicare. Check with your employer to see if can remain on the group health plan.

Am I eligible for Medicare?

If you received a Medicare card in the mail then you are eligible for full or partial Medicare benefits. This depends on whether you are drawing social security benefits or not. If you are still working and approaching age 65 chances are you only have Medicare Part A benefits.

If you are under age 65 and are receiving Social Security Disability Income for the last 24 months, then you also become eligible for full Medicare benefits.

Ready to find the right Medicare plan for you?

Our team of independent agents are here to talk with you about finding the best insurance plan to meet your needs. Call us at (800) 405-4802 to talk about your Medicare options.