Have you recently enrolled in a Medicare plan or are you looking to enroll now?
Regardless of your situation, it’s important to understand what your Medicare plan offers. Medicare gives you several options for getting healthcare coverage.
Getting a basic understanding of what each type of plan covers can be a challenge. Many people pay too much for healthcare because they don’t fully understand their plan. Others simply choose the wrong type of plan for their situation.
Many people are also unaware of the extra money-saving benefits included in their plan. As a result, they never take advantage of them. This is why meeting face-to-face with a local Medicare insurance agent each year is a smart choice.
Enrollment in Medicare for the First Time
Learning the ins and outs of your coverage can feel confusing. It also takes a lot of time when you first enroll in Medicare. Keep in mind a few basics:
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You can opt for Original Medicare Parts A and B.
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You may choose a Medicare Advantage Plan, also known as Part C.
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You can enroll in a Medicare Part D Prescription Drug Plan.
We recommend contacting a local insurance agent who specializes in Medicare plans. An expert can help you navigate this complicated system.
What to Consider When Enrolling in a Medicare Advantage Plan (Part C)
Several factors may impact your coverage and services under a Medicare Advantage Plan. To make the best decision, be sure to:
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Review how the plan covers hospitals and medical items under Parts A and B.
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Examine the list of prescription drugs offered and confirm your medications are included.
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Compare unique benefits such as dental, vision, hearing, fitness, or nurse hotlines.
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Check the plan’s provider network to confirm your doctors and hospitals are included. Some plans even offer a national network, which is especially helpful if you travel.
What to Consider When Enrolling in a Medicare Supplement Plan (Medigap)
Coverage and services under a Medicare Supplement (Medigap) plan also vary. To make a smart choice, be sure to:
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Review how Medicare Part A (hospital) and Part B (medical) work, and what they cover.
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Compare cost structures and pricing under both Parts A and B.
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If you already have a Medigap plan, confirm how it helps cover out-of-pocket costs.
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Remember: Prescription drugs are NOT covered by a Medicare Supplement Plan. Therefore, you’ll need a separate Prescription Drug Plan in addition to Medigap.
Don’t Have a Local Medicare Insurance Agent?
Understanding your Medicare coverage is critical for both your health and your finances.
We are independent insurance brokers trained specifically in Medicare Insurance. Most major carriers appoint us to represent their plans. Because of this, we can help you find the best policy for your situation. In addition, we serve clients in Winchester, VA, Strasburg, VA, Martinsburg, WV, and Charles Town, WV.
Contact us today at (540) 662-4432 to schedule a FREE consultation with one of our agents. Or visit our website for more information.
