![]() ![]() We know there are many options and carriers when choosing your Senior Health Insurance plan. We thought you would! We trust our Medicare Insurance Partner and you should too! If so, you’ll get your Medicare card in the mail either three months before your 65th birthday or once you’ve been on disability for 25 months. If you already receive Railroad Retirement or Social Security benefits and you’re turning 65, you might be automatically enrolled in the program. You may also be eligible for a Special Enrollment Period under certain circumstances. If you miss applying during your Initial Enrollment Period, your next option is to sign up during the General Enrollment Period that happens every year between January 1 and March 31. When you enroll during this period, you can ensure you start getting your benefits as soon as you’re eligible for them and avoid paying penalty fees. You can enroll by visiting the Social Security website or your local Social security office, or you can call them at 80. This time is your Initial Enrollment Period. ![]() You should make sure your enrollment is complete three months after your birthday at the latest. You can begin the enrollment process for Medicare three months before your 65th birthday. You’re a citizen or permanent United States resident.You or your spouse have worked for ten years for an employer covered by Medicare.You are not 65 but have a qualifying disability or End-Stage Renal disease.Generally, you’re eligible for Medicare when: Speaking with trusted advisors: Whether it’s your best friend, a family member or a plan representative, you may want to discuss your options with someone that fully understands your Medicare options and can give you advice from experience.Access to your preferred providers: Medicare plans do not cover all providers. If you have a physician or hospital from which you want to receive treatment, ensure they’re a part of the network you’re exploring. ![]() When exploring your options, you should also make sure that your desired plans fit into what you can afford to spend. Premiums and out-of-pocket costs: When you retire, your budget will be more important than ever.However, make sure you have enough coverage for unexpected situations, like an accident or if you develop a new condition. Don’t get the most extensive plan if you feel it would not serve you. How much coverage you need: Consider how much medical coverage you think you’ll need throughout your time on Medicare and plan accordingly.The most common considerations for new Medicare recipients include: You have several aspects to consider when making crucial decisions about Medicare Advantage and Medicare supplemental plans. How to Choose Your Senior Health Insurance Plan Don’t take any prescriptions? You may still want to consider purchasing a Prescription Drug Plan for future prescription needs and to avoid a penalty from the government. A Medicare Prescription Drug Plan Part D is a drug plan that provides coverage for prescription drugs to Original Medicare, assisting with prescription drugs, vaccines, biological products and some supplies not covered by Medicare Part A and Part B. ![]()
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