The Medicare Advantage Open Enrollment Period (Medicare Advantage Disenrollment Period) isn’t as well known as the Annual Election Period, but you can make many of the same changes.
What Happens if You Miss the Medicare Open Enrollment Deadline?
The Open Enrollment Period lasts from October 15 until December 7 each year, but what happens if you miss the deadline? Do you have to wait until the next year’s OEP to make changes to your coverage? Fortunately, seniors can change their coverage outside of the annual OEP under a few different circumstances.
Remember: Medicare Doesn’t Cover Everything
It’s important to understand that Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage. Here’s a closer look at what isn’t covered by Medicare, plus information about supplemental insurance policies and strategies that can help cover the additional costs, so you don’t end up with unexpected medical bills in retirement.
Can I Get Medicare Before Turning 65?
You may decide to retire at 62 because you can start collecting Social Security at that age and you feel ready to move on to a new stage in life. Medicare is the government health care program for people age 65 and older and people younger than 65 with certain disabilities.
What is Medicare Supplemental Insurance?
Medicare supplement insurance is an add-on to Medicare parts A and B. It’s also called Medigap insurance, because it fills in for Medicare cost gaps.
Medicare Supplement insurance: The one thing you must know
Medicare Supplement insurance is a private policy that helps you lower your out-of-pocket health costs. Learn more about how to get started here!
Important Advice When Switching Medicare Supplement Insurance Policies
There are many reasons why you may want to switch your current Medicare Supplement insurance policy. Maybe you’re paying for benefits you don’t need, or, you need more benefits now than when you first joined. Sometimes, you need to change insurance companies, or you simply want a less expensive commitment.
Why All Seniors Need a Medicare Supplement Plan
Are you confused and overwhelmed by Medicare??
Worried about making the wrong decision and being stuck with a plan that doesn’t cover your medical and prescription needs when you need it most?
Don’t worry! You are not alone. The vast majority of seniors who are on Medicare have absolutely no idea which type of plan they have, and what it does and does not cover.
Benefit of Working with a Medicare Supplement Agent
Part of the process in finding the best supplemental insurance for you is to understand your unique situation, evaluate which rules of Medicare apply to you, understand how Medicare works, how a Medicare Supplement plan works with your Medicare, how to get prescription drug coverage, and finally, start the actual shopping process.
Over 65? You Need a Medicare Supplement Plan
Getting health coverage is one of the most important parts of aging. Often times, especially when we are in good health, we may neglect the importance of getting this coverage. However, with potential unforeseen medical expenses looming, this is a crucial time to make sure you are completely covered. Unfortunately, Medicare does not cover all of your Medical expenses at 100%.