You are now at that age. At 65 you can enroll for medicare for the first time. Your Initial Enrollment Period (IEP) starts three months before your 65th birthday, includes your birth month and ends 3 months after your 65th birthday. You have a total of 7 months to enroll in Medicare.
But how do you know what medicare plan to choose?
Choosing a medicare plan can be a complex and frustrating process that could cost you time and money, if you make mistakes or wrong choices. Medicare is confusing and constantly changing. If you decide you need a little help a Medicare insurance agent is a great choice. It’s always a good idea to talk to a Medicare adviser about your particular situation. If you want to brave it alone here are some tips to help you make the right decision.
1. Start by discovering what medicare plan options are available to you. The federal Government has a helpful comparison site that allows you to explore what plans are offered in your area. You will need to decide if you want original medicare or a medicare advantage plan. Learn what these plans offer.
2. Next you will need to decide if you need a prescription drug coverage plan. This is also known as a Medicare Part D plan.
3. Lastly determine if you need/want supplemental coverage.
Ask yourself some of these questions to help you determine what medicare plan is a good fit for you.
Does the plan have a good rating?
How much will I be expected to pay in premiums?
How much for deductibles and doctor visits?
Does my doctor accept the plan coverage I am looking at?
Does this plan cover me if I need medical attention while traveling?
Is my pharmacy covered under this plan?
What will my prescription drug costs be with this plan?
Don’t forget to pay attention to deadlines and enrollment periods. If you miss the deadlines you could face penalties. If you plan on signing up for medicare when you turn 65 it is best to sign up in the three months before your 65th birthday. This way everything will be in place and you can begin receiving benefits.
Have more questions?
Our expert staff has developed many articles to help you along the way. Here are just a few to help you understand medicare in your initial research.
What is Medicare Part A?
What is Medicare Part B?
What is Medicare Part C?
What is Medicare Part D?
When can I enroll in Medicare?
What is Medicare?
The History Of Medicare
How Do I Apply For Medicare?
The Letter At The End Of My Medicare Number
Difference Between Medicaid and Medicare
Medicare 101: Medicare For Beginners
How To File A Medicare Claim
How To Qualify for Medicare
Learn About Medicare Fraud
5 Things To Know About the Medicare Donut Hole
Go to our blog to educate yourself more on medicare.
Don’t try and tackle Medicare alone!
Contact us and let us be your guide. We provide a no obligation free consultation! We’ve been helping people just like you for over 30 years and feel confident that we can help you make the best decision for yourself regarding your Medicare Insurance needs.
Call today at (714) 729-3161.
