I’m about to turn 65. Now What?
First, your Initial Enrollment to Medicare
You’re valued and are entitled to healthcare in your retirement. We are here to guide you in completing your Medicare program.
Part A – Hospital Insurance
In general, Part A covers inpatient hospital care, skilled nursing facility care, hospice care, and home healthcare. You’re eligible if you’ve contributed to Medicare through normal payroll deductions for 10 years or more during their careers.
Part B – Medical Insurance
Part B costs $135.50/month, billed quarterly. But it could be higher if your income is above $170,000. And both Part A and Part B have deductibles, as well as providing 80% coinsurnace.
We help with registering for both.
Our best advice is to understand that buying Medicare health insurance is complicated. Luckily, our agents can quickly learn about your situation and show you viable options to complete your coverage.
Does original Medicare cover everything?
MedSupp fills the gaps
We can summarize the strengths and weaknesses of your main options – and help you buy whichever you decide is in your best interests.
Generally however, we recommend sticking with Original Medicare and also purchasing MedSupp Plan G. It will cost a little bit more than Medicare Advantage that way, but your deductible will be much, much lower. These options will pay for themselves over time.
Original Medicare doesn’t cover life, dental, vision, or hearing benefits. We have solutions for these as well, since these are important for your quality of life as well.
For these needs, we can help you find the best plans for the following:
- Dental to protect your smile, which now includes hearing benefits
- Vision to provide access to affordable prescription eyewear
- Life insurance, to provide your family a financial legacy
- Travel insurance, to protect you during international vacations
- Long-Term Care insurance, to provide quality living assistance
Will my Prescriptions be Covered?
Enroll in a Rx Drug Plan
You have to enroll in a Prescription Drug Plan (PDP)
Which plan you choose depends on which meds you take.
We’ll show you the PDP with the lowest yearly total cost.
Prescriptions can be expensive! That’s why the government created Part D, allowing private insurance companies to offer Prescription Drug Plans (PDPs). Each PDP has a list of medications that it provides at competitive rates, along with deductibles and coinsurances. Choosing the wrong PDP could mean that you would pay too much for a prescription, or be unable to get a refill at all.
Additionally, the government penalizes you if you don’t enroll in a Part D PDP during your Initial Enrollment Period. So it’s important to get this done whether you are currently taking medicine or not.
We will walk you through the process. You have our word.