Medicare Made Easier

Sixty-five is the magic number, and we’re not just talking years! It seems like 65 is also the minimum number of questions the average person has when weighing all their Medicare-related options. You’ve worked hard and waited patiently to tap into those Medicare benefits. Let our team of experts help ensure you understand your benefits and optimize any supplemental, advantage or prescription drug plans you may want or need.

Learn more about your different Medicare options.

Original Medicare

The majority of those 65 and better will receive Medicare Part A (hospital insurance) and Medicare Part B (medical insurance) automatically, however others may have to sign up for it. In most cases how you access your Medicare benefits is dependent on whether you’re getting Social Security benefits. Original Medicare refers to those benefits provided under Part A and Part B.

Medicare Supplement (Medigap) Insurance

A Medicare Supplement, also known as Medigap insurance, is sold by private insurance companies. These types of policies can help pay some of the health care costs that original Medicare doesn’t cover, like co-payments, coinsurance and deductibles.

If you have original Medicare and you buy a Medigap policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Your Medigap policy will pay its share.

A Medigap policy is different from a Medicare Advantage Plan. Advantage plans are ways to receive your Medicare benefits, while a Medigap policy only supplements your original Medicare benefits.

Medicare Advantage Plans

Medicare Advantage Plans, sometimes called Part C, are health plan options that are part of the Medicare program. If you join one of these plans, you generally get all your Medicare-covered health care through the Medicare Advantage Plan. This coverage can include prescription drug coverage. Medicare Advantage Plans include:

  1. Medicare Health Maintenance Organizations (HMOs)
  2. Preferred Provider Organizations (PPO)
  3. Private Fee-for-Service Plans
  4. Medicare Special Needs Plans

Part D Prescription Drug Plans

You can sign up for Part D Prescription Drug Plans, which help cover prescription drug costs, along with other components of Medicare, starting three months before your 65th birthday.

It’s important to do this on time because there’s a permanent premium surcharge for enrolling more than three months after your 65th birthday, if you don’t have equivalent drug coverage from another source, such as a retiree plan.

Let us help with your enrollment!
If you are already enrolled in a Part D standalone plan or a Medicare Advantage plan that incorporates drug coverage, you can switch plans during the open-enrollment period, which runs from October 15th to December 7th every year.

Looking for a custom solution?

We’re always looking to help clients improve their workflow and financials of their business. If you’re looking for something more custom, or tailored towards a particular niche or vertical, we can help. We’ll work with you to create a plan bespoke to your unique needs. Give us a call and we’ll carve out the perfect plan for you.