Medicare
If you want additional health care coverage or need help paying some of the costs that Original Medicare doesn't cover, you have options! The federal Medicare health insurance program, including Part A and Part B, helps cover many expenses, but there are gaps in the coverage you may want to fill. Unless you have supplemental coverage, you will have to pay out of pocket for certain services like dental, vision care, prescription drug coverage, co-payments, coinsurance, and deductibles.
ABC Insurance is extending our insurance offerings by uniting with Medicare.org to help Medicare beneficiaries research, compare, buy, and enroll in a health insurance plan. In order to meet the unique health insurance needs of Medicare-eligible individuals, including those 65 or older, licensed insurance agents are available to help you find the right Medicare-approved plan at the right price! Call 844-961-9452 – TTY 711 to speak with a licensed agent today!
Medicare is health insurance that is generally available to people who are:
• 65 or older and meet the citizenship and residency requirements.
• Under 65 with certain disabilities.
• Of any age with End-Stage Renal Disease (ESRD) (permanent kidney failure requiring dialysis or a kidney transplant).
If you are just aging into Medicare or are reaching eligibility due to certain disabilities, you can choose to receive your benefits from either Original Medicare or through a Medicare Part C (Medicare Advantage) plan. If you choose to get your benefits through Original Medicare, you may want to consider supplemental insurance, such as a Prescription Drug Plan (Part D). Please keep in mind that there may be late enrollment penalties if you do not enroll in prescription drug coverage when you are first eligible. You may also consider buying a Medigap policy to help cover some of the costs that Original Medicare does not, including coinsurance, co-payments, and deductibles. You have a Medigap Initial Enrollment Period during which you are guaranteed the right to buy a Medigap policy. After that enrollment period ends, you may be subject to medical underwriting and higher costs, and can be turned down for coverage.
If you are already enrolled in Original Medicare, Part A and/or Part B, you will likely be eligible to make changes to your insurance coverage during the Annual Enrollment Period. For instance, you can switch from Original Medicare to a Medicare Advantage (Part C) Plan, or keep your Original Medicare coverage and enroll in a stand-alone Part D Plan. If you are interested in enrolling in a Medigap plan after your initial enrollment period has ended, you may want to research your options.
Open Enrollment, also called the Annual Enrollment Period (AEP), runs for approximately seven weeks from October 15th through December 7th. This is when millions of Americans can make changes to their existing Medicare plan or enroll for the first time if they missed their seven-month Initial Enrollment Period (IEP). We encourage you to begin the process early to give yourself ample time to make the most informed decision.
When you're ready to take the next step, our friends at Medicare.org* can help you choose a health insurance option that meets your needs. Compare plans at Medicare.org to see side-by-side comparisons for Medicare Advantage Plans (Part C), Medicare Supplement Plans (Medigap), and Medicare Prescription Drug Plans (Part D).
Call 844-961-9452 – TTY 711 to speak with a licensed agent who can help you determine which Medicare plan is best for you. Representatives can help you review your Medicare plan options, compare benefits and costs, and find a cost-effective plan that meets your specific health insurance needs.
__________