Medicare 101
If you are turning 65 “or already 65 and retiring soon” you’ll have some critical healthcare decisions to make. You’ve probably received mail from dozens of insurance companies all boasting about their exceptional Medicare plans. You may be getting tons of voicemails, too. The TV and radio ads are everywhere. Unless a qualified agent explains Medicare to you, it could lead to feeling overwhelmed and confused. At Cornerstone Senior Advisors, we know how complicated all of this can be. We’re here to simplify things for you and your family so you can make an informed decision about your Medicare coverage.
As you transition to Medicare, there are some important things to know and some important steps to take.
Transitioning to Medicare
First, know that waiting to enroll in Medicare can cause issues. For example, you might have to pay a fee and you may experience a gap in coverage. Only during certain times can you enroll in Medicare. Some people get Medicare benefits automatically, while others must apply on their own.
The first time you can enroll is called your initial enrollment period, which is seven months long. This period typically begins three months before the month you turn 65 and ends three months after the month you turn 65. If you’re already receiving Social Security benefits, you’ll be auto-enrolled into Medicare. Otherwise, you must enroll yourself.
Before you enroll, though, you’ll need to find the right Medicare coverage.
Finding the Right Coverage
For those who are automatically enrolled, it will include only Parts A and B.
If you need Medicare Supplements, Medicare Advantage, and/or a prescription drug plan, you’ll need to enroll into the proper forms of Medicare. You can take the following steps:
- Confirm your eligibility
- See if you need additional coverage beyond Original Medicare
- Apply for Part A and Part B at your Social Security office, or on their website
- Begin searching for your additional coverages
It is best to have a licensed agent who knows Medicare guide you through the Medicare maze. Cornerstone Senior Advisors can help you understand what you need, finding the right product for your needs at the right price.
Transition to Medicare With Cornerstone Senior Advisors
At Cornerstone Senior Advisors, we have experienced agents who can help you make a smooth transition to Medicare. We can also help you choose the right dental, vision, and hearing plan for your budget and lifestyle.
For expert Medicare help, call our office at (316) 260-3331.