Medicare
Medicare Basics
Medicare Eligibility
Whether you’re taking Social Security income benefits or not, you’re eligible for Medicare at 65. Some people are eligible before 65 if they have been receiving Social Security Disability benefits for 24 months, or they have End-Stage Renal Disease (ESRD, aka chronic kidney disease) or Amyotrophic Lateral Sclerosis (ALS), aka Lou Gehrig’s disease.
Parts of Medicare
Medicare has four main parts: A, B, C, and D. Original Medicare (Parts A and B) are provided by the federal government and cover 80% of medical costs. Part A is free and Part B has a premium, which is currently $164.90 (2023). Parts C and D are offered by private insurance companies.
Medicare Supplements
Need more predictable out-of-pocket costs? I can enroll you in a Medicare supplement plan that can help fill the gaps in your Medicare Part A and B coverage, so there are fewer surprise expenses. *Popular plans are N and G. These plans have a monthly premium.
Medicare Advantage (Part C)
Let me help you simplify your Medicare coverage. A Medicare Advantage plan combines hospital, doctor, and prescription drug coverage. These compact plans may also include other benefits not offered through original Medicare (gym membership, OTC, etc.). Many plans have no additional monthly premium!
Prescription Drug Plans (Part D)
If you enroll into a Medicare Supplement plan, then you will also need a PDP so that you do not incur penalties. *Regardless if you are currently taking any prescription medications or not!
