Medicare

Are you turning 65?  Are you over 65 & losing group health Insurance?   We have answers to these and many other questions about Medicare enrollment.

We help people to understand their options for Medicare supplement plans.  As a result, our clients know exactly what benefits they are getting and for what premium.  Our clients have a clear understanding of the networks and prescription drug coverage. 

As a result, clients have shared our name with their family and friends for the same expert level service that we provided to them.  We will do the same for you. Call us to make an appointment.

When Should I sign up for Medicare?

There are several things to consider when signing up for Medicare. 

1)  If a person is receiving Social Security Benefits, they will automatically be signed up for Medicare Parts A & B. However, if they are still working and their employer has at least 20 employees, they may choose to opt out of signing up for Part B.

The reason a person should consider this is because they will save the cost of purchasing Part B from the government. The employee should check with their employer to verify if the employer has credible health insurance.

2)  If a person is employed receiving group health insurance with less than 20 employees, they should in most cases sign up for Medicare Part B (in addition to Part A). They will need to pay for Part B to the government.

3)  If you are not working, even if you have an employee retirement health plan, you should sign up for Medicare Parts A & B when turning 65.

4)  If a person chooses not to sign up for Part B and then signs up at some later date, they may be subject to a late enrollment penalty for each month they went without Part B.

These are only some of the variables to consider when turning 65. For a detailed analysis, make the call and we can help you understand your options.

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