Generally, you can apply three months prior to your birth month, your birth month, and three months after your birth month through the Social Security Administration. There can be circumstances that do not apply to this general rule.
When do I apply for Medicare?
Medicare is comprised of different parts:
Part A - mostly hospital and inpatient coverage, usually no premium cost to you because you or your spouse paid for it with payroll taxes, and it has a deductible, then coinsurance (benefit periods apply).
Part B - mostly outpatient and physician coverage, carries a minimum premium which is determined by your prior income (rules apply), and has a deductible, then coinsurance.
Part D - this is Medicare prescription drug coverage that you must obtain through a private insurance source, you may or may not pay a premium depending upon whether you are eligible for Low Income Subsidy (Extra Help) that you can apply for at any time.
Does Medicare cover the same things that my own insurance plan covers?
Medicare Part A has a deductible and hospitalization is further defined as having a Medicare hospital benefit period for admission. That benefit period has a direct impact on what you would pay for services. Medicare Part B has a deductible and then a 20% coinsurance based upon Medicare allowable rates. This coinsurance does not have a stop loss and the deductible is applied every calendar year. With Medicare Part D, you can obtain prescription drug coverage separately or within a Medicare Advantage plan. You may or may not have a deductible for your Part D plan.
Why do I need anything else other than Medicare for my insurance needs?
Our certified Medicare Advisors can analyze what your financial risks may be and review your options such as Medicare Supplement plans, Medicare Advantage plans (aka Part C), Part D plans, and Special Needs Dual plans (Medicare + Medicaid). Our Advisors will get to know you, what your health care needs are, and what type of plan will work best for you. Our Medicare Advisors take the time to truly understand your financial and health needs, shop across many insurance companies, and determine cost effective health care coverage choices for you.
What can Medicare Plan Washington Advisors do for me?
Each person has unique circumstances. You can find our from your human resources representative what is offered to you by your company when you age into Medicare. Then speak with one of our Medicare Advisors for an unbiased review at no cost to you.
I'm still working and have insurance through my employer. Do I have to have Medicare?
Our Medicare Advisors will analyze your business health insurance current plan and determine the most cost effective method of offering insurance to your Medicare age workers. There is no cost for this analysis.
I own a business with Medicare age workers whom I insure. What can your Medicare Advisors help me with?
Our Medicare Advisors will analyze your business health insurance current plan and determine the most cost effective method of offering insurance to your Medicare age workers. There is no cost for this analysis.
I own a business with Medicare age workers whom I insure. What can your Medicare Advisors help me with?
If you have Medicaid and Medicare, you may be eligible for a Special Needs Medicare Advantage plan depending upon where you live. Contact our Medicare Advisors for an assessment.