Below is some helpful information for people turning 65, or retiring, and trying to figure out Medicare for the first time. Everyone is confused by Medicare, so you are not alone if that is what you are feeling at this point. Hopefully this website will help you wade through your options, answer your questions and help you make an educated decision. I have tried to break down the basics but please do further research by going to the Governments Medicare website to find out the full information about Medicare if you have not already done so. But please feel free to call us with any questions you have at 770-452-9335 for personalized help.
Medicare is: the Federal health benefits program for US citizens and people living in the US legally, as permanent residents, that are:
- Age 65 or older
- Under age 65 with certain disabilities
- People with End Stage Renal Disease
Medicare consists of 4 parts:
Part A
Part B
Part C
Part D
It is important to know that you could face penalties for late enrollment into Medicare Part B and Part D (drug plan) if you do not sign up when you first become eligible. However, if you have a medical plan or drug plan that is considered Creditable Coverage by Medicare you could avoid penalties if you decide to wait and sign up when those plans end.
Once you have signed up for Medicare Parts A and B you have some control on how you want to obtain your Medicare coverage. You can choose a Medigap Supplemental plan or an Advantage plan. Click Here