Get Started With Medicare
If you’re turning 65, you will soon need to decide what kind of Medicare coverage you want, when to enroll to avoid late enrollment penalties, and what that enrollment process looks like. The year you turn 65, it is recommended that you begin to familiarize yourself with an overview of Medicare, understanding Part A, B, C, and D and the implications of choosing whether or not to initiate coverage. You also likely have questions about how Medicare will replace your existing healthcare coverage. With too little coverage, you could get stuck with some large expenditures. With too much coverage, you could be paying unnecessary premiums in the future.
Purchase a Supplemental Medicare Plan
If you have Original Medicare and you are 65 or older, you may be able to apply for a Medicare Supplement insurance plan, also known as Medigap. Medigap is Medicare Supplement Insurance that helps fill gaps in Original Medicare and is sold by private companies. Original Medicare pays for much, but not all, of the costs of covered health care services and supplies. A Medicare Supplement Insurance (Medigap) policy can help pay some of the remaining health care costs, like copayments, coinsurance, and deductibles. Some plans may even cover medical care when you travel outside the U.S.
Change Medicare Plans
As your health-care needs evolve over time, you may need to change Medicare plans in order to receive the coverage that best fits your health requirements. Changing Medicare plans can be relatively easy, if you understand when and how often you can switch from one Medicare plan to another. It's important to understand that you can generally only change Medicare plans during the Medicare Advantage Open Enrollment Period, Annual Election Period, or a Special Election Period (whichever applies).
We want to take care of your Medicare Plan needs and have the expertise to do so. We can educate you on which plan is right for you. Best of all, you get us as your lifetime agents! We will continue to be here for you to answer any questions that might come up.
Contact AIM Medicare Partners today!