Seniors, if you are lucky, you’ve found someone to tell you the in’s and out’s and what to be aware of with Medicare, Medicare Supplements, Medicare Advantage plans and Medicare Part D Rx info.
It seems like a wave of info that doesn’t initially make much sense. Most likely you’ve been on an employer health insurance plan for a good part of your life, and now you have Medicare starting in a few months and everything turns upside down.
First, you start receiving a truck load of mailers, periodicals, fliers and every kind of marketing piece from every company pushing their Medicare Supplement, Medicare Advantage and Medicare Part D Rx plan. Each company telling you why theirs is the best.
Medicare Advantage policies are big money makers, so companies are pushing them hard. Regardless of what is better for you, their agenda is to push the money-makers.
What’s better for your unique situation. Are your doctors in-network? Would a Medicare Supplement be a better choice. Does your Medicare Advantage drug plan pay well or poorly for your medication list? What do you pay if you go out-of-network? These are all questions you must ask yourself, because the Medicare companies don’t care. It’s up to you to make the right decisions.
Now getting back to that pile of marketing fliers and brochures on your kitchen table. Where do you start, which is best for your needs. Should you go with a Medicare Advantage or Medicare Supplement, what about the Medicare Part D Rx plans.
An independent agent can help you first with a little direction and education how the two systems work, the different enrollment periods and coverage’s, is Medicare “primary or secondary.” If you see several doctors, they can tell you which plan is easier to use, and which has the most flexibility when seeing different doctors or hospitals.
You have 3 choices when Medicare starts …
- Stay on original Medicare only and enroll in a Part D Rx plan.
- Enroll in a Medicare Supplement plan along with a Part D Rx plan.
- Choose a Medicare Advantage HMO or PPO which includes the Part D Rx plan from the same company.
If you choose a Medicare Supplement, you can always move to a Medicare Advantage during open enrollment. The enrollment is guaranteed regardless of health history. If you enroll in a Medicare Advantage and later wish to move to a Medicare Supplement, typically you will need to answer the health questions on the enrollment forms and the company decision is based on your health status.
Call me today … As an independent agent I can help with your review and comparison of plans along with answering all of your questions.