7 FAQ'S On Medicare
How Much Does It Cost For Your Help?
NOTHING! It costs you, as the client, nothing at all. I get compensated by the carriers. I am legally and morally obligated to act in your best interest, so if you are already on the best plan, then you will get my honest feedback. You receive the same level of personal attention and care that I would provide to my loved ones.
How do I know if I am eligible?
You may be eligible if you meet any of the following:
1. You are 65 years of age or older.
2. You are under 65 years of age, but have been receiving Social Security Disability Insurance (SSDI) or Railroad Retirement Board disability benefits for at least 24 months.
3. You have End-Stage Renal Disease (ESRD), which is permanent kidney failure requiring dialysis or a kidney transplant.
4. You have Amyotrophic Later Sclerosis (ALS), also known as Lou Gehrig’s disease.
To be eligible, you must also be a U.S. citizen or permanent legal resident who has lived in the country for at least five years.
What is the difference between Original Medicare and Medicare Advantage?
Original Medicare includes Part A and Part B, and it administered directly by the federal government. Medicare Advantage, also known as Part C, is offered by private insurance companies and provides an alternative way to receive Medicare benefits. Medicare Advantage plans often include additional benefits not covered by Original Medicare, such as vision, dental, and hearing coverage. See my articles for Medicare Advantage and Medicare Supplement plans
What is a Medicare Supplement plan, and do I need one?
A Medicare Supplement plan, also known as “Medigap”, is a private insurance policy that can help cover some of the out-of-pocket costs associated with Original Medicare, such as deductibles, copayments, and coinsurance. Whether or not you need a Medigap plan depends on your individual healthcare needs and budget.
How much does Medicare cost, and how do I pay for it?
The cost of Medicare varies depending on which parts you enroll in and your income level. Part A is generally free if you or your spouse paid Medicare taxes while working. Part B and Part D have monthly premiums that are based on your income. You can pay for Medicare through automatic deductions from your Social Security check, by sending a payment directly to Medicare, or through a Medicare Advantage plan.
When can I enroll in Medicare, and how do I do it?
You can enroll in Medicare, during your “Initial Enrollment Period” (IEP), which occurs three months before and after your 65th birthday, as well as during the General Enrollment Period (GEP), which occurs between January 1st and March 31st each year. You can enroll online at the Social Security Website: https://www.ssa.gov/medicare/sign-up , by calling Social Security, or by visiting your local Social Security Office.
How do I find a doctor who accepts Medicare?
You can find doctors who accept Medicare by using the Medicare Physician Compare tool on the Medicare Website: https://www.medicare.gov/care-compare/
, by calling Medicare, or by contacting your local State Health Insurance Assistance Program (SHIP).
