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If you’re newly enrolled in Medicare or will be eligible soon, you might feel overwhelmed. Surely, the mail you’re receiving and the commercials you see on TV might contribute to your confusion.
You’re not alone; Medicare and its many parts can be confusing for everyone. Add in all the Medigap plan options available, and the uncertainty increases.
How can you know if you have the right plan for your needs? Fortunately, we’re here to help you find your way through the Medicare maze. We’ll give you the confidence to make the best decision for this new step in your healthcare.
How to Get on Medicare
Medicare Eligibility and Medicare Age
Medicare Enrollment Process
You can sign up for Part A and Part B by:
- Visiting your local Social Security office
- Calling Social Security
- Filling out an online application
- Calling the Railroad Retirement Board if you worked on a railroad
Part C of Medicare is also known as Medicare Advantage. Medicare Advantage serves as a Medicare “replacement” plan. It includes the same benefits as Part A and Part B and also often includes built-in prescription drug coverage, and coverage for dental, vision, and hearing. Advantage plans also regularly include perks such as gym memberships.
All of these options make Medicare Advantage plans seem attractive. These plans can work well for some beneficiaries. Make sure your doctors are in the network of an Advantage plan before you enroll. If your doctors are not in-network, you can end up paying for everything out-of-pocket.
When comparing Medicare Advantage and Medicare Supplement plans as options, consider your future health and budget needs carefully. There’s no one-size-fits-all plan. Understanding how Medigap plans work helps in finding the best coverage for you.
New to Medigap
Several Medigap plan options are available as additional coverage. When you hear someone talk about a “Plan” instead of a “Part” of Medicare, this is a reference to Medigap. Medigap plans are lettered A through N, and each policy offers a different level of benefits.
If you’ve recently enrolled in Medicare, you’re eligible for a six-month Medigap Open Enrollment Period. Even if you have health problems, you can enroll in any Medigap plan during this time. Outside of this time, you’ll have to go through underwriting and might not be able to get the plan you want.
Several factors affect your Medigap premium rate. These include the rating method used, your gender, and your age. The best way to find the lowest premium rates in your area is to speak to a licensed agent.
New to Medicare and Medigap Questions Answered
Give us a call at the number above, or submit a rate comparison form. One of our agents will speak to you and help you find the right plan(s) for your future. Our services are 100% free, and you can find out how much you can save in minutes.