New To Medicare

INITIAL ENROLLMENT PERIOD

Special Enrollment Rate for New Plans
The time from the three months before to the three months after your 65th birthday is the Initial Enrollment Period.

Take advantage of this special offer to avoid paying a higher rate later on. If you wait until the General Enrollment Period, it could result in late enrollment fees. Call Dale today to learn more.

TIPS TO GET MORE FOR YOUR PREMIUM DOLLARS

Medicare Part A can be free if you meet these qualifications:
• If you join during the Initial Enrollment Period
• And you or your spouse have worked for at least ten years
• And paid Medicare taxes

If you already have insurance, then Medicare will serve as another way to cover your medical costs. Your primary health insurance will be the first to pay, and then Medicare will pay the rest in most cases. As a result, your out-of-pocket costs will be lower than ever before.

TAKE THE FIRST STEP TOWARD MEDICARE COVERAGE

Medicare plans are personalized to fit your unique medical needs. Have this information ready when you speak to a professional:

• Your age, because if it has been more than three months since you turned 65, you are not in the Initial Enrollment Period anymore. You will have to join during the General Enrollment Period, where late enrollment fees apply. This way, you will have an idea of what you will be paying in monthly premiums

• Current health insurance policy (if you have one)

• Your health conditions, frequency of treatments or hospital visits, and the type(s) of treatment you get

• Financial situation

Here’s an example of how this works:

Assume you’ve just turned 65. Now you can sign up for Medicare and not have to worry about an enrollment penalty.

You’re in good shape, but you have poor hearing and will more than likely need hearing aids in the future.

You’re also getting by financially.

For someone in this scenario, Medicare Advantage would be the best choice.

The person in this hypothetical situation has no other form of insurance, and they have a condition covered by Medicare Advantage that Original Medicare doesn’t cover. Original Medicare doesn’t cover:

• Dental
• Vision
• Hearing treatments

If this person were to have employer health insurance and wanted to keep it, then Original Medicare would be the best choice given that one cannot have Medicare Advantage and another form of health insurance at the same time.

There is no universal “right” answer here. Everything about you matters. And most of all, you matter to me. So I will make sure you get the best plan.

REACH OUT TO ME

It may seem like a lot of information hitting at once when you first join Medicare. But it doesn’t have to be overwhelming. I have been helping clients with their Medicare Plans for over a decade. For further information, contact Dale today!