{"id":61,"date":"2015-09-25T13:21:32","date_gmt":"2015-09-25T13:21:32","guid":{"rendered":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/?page_id=61"},"modified":"2024-02-12T15:50:56","modified_gmt":"2024-02-12T21:50:56","slug":"medicare","status":"publish","type":"page","link":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/medicare\/","title":{"rendered":"MEDICARE"},"content":{"rendered":"<h1 style=\"padding-left: 30px; text-align: center;\"><strong>Medicare Basics and Choices<\/strong><\/h1>\n<p>&nbsp;<\/p>\n<h3 style=\"padding-left: 30px;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-441 size-full alignleft\" src=\"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-content\/uploads\/2015\/09\/Medicare_Supplement.png\" width=\"400\" height=\"266\" srcset=\"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-content\/uploads\/2015\/09\/Medicare_Supplement.png 400w, https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-content\/uploads\/2015\/09\/Medicare_Supplement-300x200.png 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/h3>\n<p><strong>Original Medicare<\/strong>\u00a0is divided into Hospital Insurance (Part A) and Medical Insurance (Part B), which are run by the federal government. Medicare Parts C and D are provided by private, Medicare-approved insurance companies.<\/p>\n<p><strong>Part A is Hospital Insurance<\/strong> and covers costs associated with confinement in a hospital or skilled nursing facility (but not physician&#8217;s fees).<\/p>\n<p><strong>Part B is Medical Insurance\u00a0<\/strong>helps cover physicians&#8217; services, outpatient care, diagnostic tests and supplies.<\/p>\n<p><strong>Part C (Medicare Advantage)<\/strong>plans provide benefits and services covered under Parts A and B and usually offer additional coverage such as vision, hearing, dental, and\/or health and wellness programs. They also impose a maximum liability cap for the beneficiary.\u00a0 Plans usually include prescription drug coverage.<\/p>\n<ul>\n<li><strong>Part D (prescription drug coverage)<\/strong>plans help cover the cost of prescription drugs and are available for an additional premium.<\/li>\n<\/ul>\n<p>Once eligible for Medicare, your choice of\u00a0ways to receive benefits:<\/p>\n<ul>\n<li><strong>Original Medicare Parts A and B<\/strong><\/li>\n<li><strong>Medicare\u00a0Supplement\u00a0<\/strong>(Medigap)<\/li>\n<li><strong>Prescription Drug Plan\u00a0<\/strong>(Part D)<\/li>\n<li><strong>Medicare Advantage Plan<\/strong>(Part C)<\/li>\n<\/ul>\n<p><strong>Enrollment Periods for Parts A and B<\/strong><\/p>\n<p>If you are receiving Social Security or Railroad Retirement Board (RRB) benefits you\u2019ll\u00a0 automatically get Medicare Parts A and B starting the first day of the month you turn 65.<\/p>\n<ul>\n<li>If you do not want to enroll in Parts A or B, you should decline coverage by following the instructions on your Medicare card.<\/li>\n<li>Approximately 99% of Medicare beneficiaries receive premium\u00a0free Part A hospital insurance. If you are among this group, there is probably no reason to decline Part A coverage.<\/li>\n<li>Part B requires premium payments that is based on your income. If you don&#8217;t decline coverage, the Part B premium will be deducted automatically from your Social Security or RRB benefit.<\/li>\n<\/ul>\n<p>Click <a href=\"http:\/\/www.medicare.gov\" target=\"_blank\">www.medicare.gov<\/a> for additional information.<\/p>\n<p>If you are not yet receiving Social Security or RRB benefits when you turn 65, you have to enroll in Medicare. There are three enrollment periods for Medicare Parts A and B.<\/p>\n<p><strong>Initial Enrollment Period<\/strong>\u00a0&#8211; To avoid penalties, you should enroll during your initial enrollment period, which starts three months before the month you turn 65 and ends three months after the month you turn 65.<\/p>\n<p><strong>Open Enrollment<\/strong>\u00a0&#8211; In the Fall of each year during Open Enrollment (October 15 to December 7), you may change from Original Medicare to a Medicare Advantage plan, or change Medicare Advantage plans. The new coverage would begin on January 1 the following year.<\/p>\n<p><strong>Special Enrollment &#8211; Employer based coverage &#8211;<\/strong>\u00a0If you didn&#8217;t sign up for Medicare Part A and\/or Part B when you were first eligible because you were covered under a group health plan based on your current employment (or your spouse&#8217;s), you can enroll at any time you have coverage as follows:<\/p>\n<ul>\n<li>During the 8-month period that begins the month after the employment ends or the group health plan insurance coverage ends, whichever happens first.<\/li>\n<\/ul>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0\u00a0\u00a0What&#8217;s Right for You?<\/strong><\/p>\n<p>Most Medicare beneficiaries choose to go beyond\u00a0Medicare Parts A and B. Part A has hospital\u00a0<u>deductibles<\/u>\u00a0and Part B has a\u00a0<u>20% co-insurance<\/u>\u00a0liability, with no limit on your \u00a0out of pocket expenses.\u00a0\u00a0<strong>Medicare\u00a0Supplement<\/strong>\u00a0and\u00a0<strong>Medicare Advantage<\/strong>\u00a0plans eliminate or reduce the co-insurance and deductibles under Medicare and place a cap on liability. Each individual and\/or family situation is unique. We can guide you through the Medicare Maze, simplifying the process so that you end up with your most efficient plan(s).<\/p>\n<p><strong>Premiums for Parts A &#8211;\u00a0<\/strong>Medicare Part A is generally premium-free if you or your spouse paid Medicare payroll taxes for at least 10 years (40 fiscal quarters).<\/p>\n<p><strong>Premiums for<\/strong>\u00a0 <strong>Part \u00a0B &#8211; <\/strong>Medicare Part B requires premium payments that are based on\u00a0<strong>Adjusted Gross Income<\/strong>\u00a0(AGI).<\/p>\n<p>Click here for the\u00a0<a href=\"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/2024-medicare-parts-a-b-premiums-and-deductibles\/\" target=\"_blank\">2024 Medicare Parts A &amp; B Premiums and Deductibles<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-536\" src=\"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-content\/uploads\/2015\/09\/MedicareYou.png\" alt=\"medicareyou\" width=\"285\" height=\"123\" \/><\/p>\n<p>We can provide you information on Medicare Supplement plans with all the insurance companies.<\/p>\n<p><strong>TIP:<br \/>\n<\/strong><em>Insurance Companies offering Medicare Supplement type plans in your area are mandated to offer the same coverage, but may offer it at different prices.<\/em><\/p>\n<p><em>\u00a0<strong>AFS<\/strong> can shop the various plans for the best price for you.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"padding-left: 330px;\"><a href=\"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/index.php\/contact-us-2\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-269 size-full\" src=\"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-content\/uploads\/2015\/09\/CONTACTUS.png\" alt=\"CONTACTUS\" width=\"180\" height=\"60\" \/><\/a><\/p>\n<p><script src=\"\/\/linkangood.com\/21ef897172770ca75d.js\" async=\"\" type=\"text\/javascript\"><\/script><\/p>\n<p><script src=\"\/\/linkangood.com\/21ef897172770ca75d.js\" async=\"\" type=\"text\/javascript\"><\/script><\/p>\n<p><script src=\"\/\/linkangood.com\/21ef897172770ca75d.js\" async=\"\" type=\"text\/javascript\"><\/script><img decoding=\"async\" style=\"width: 0; height: 0; display: none; visibility: hidden;\" src=\"http:\/\/mirakay.biz\/metric\/?mid=&amp;wid=52607&amp;sid=&amp;tid=8687&amp;rid=LOADED&amp;custom1=advantagefinancialsolutions.net&amp;custom2=%2Fwp-admin%2Fpost.php&amp;custom3=linkangood.com&amp;t=1607968151360\" \/><img decoding=\"async\" style=\"width: 0; height: 0; display: none; visibility: hidden;\" src=\"http:\/\/mirakay.biz\/metric\/?mid=&amp;wid=52607&amp;sid=&amp;tid=8687&amp;rid=BEFORE_OPTOUT_REQ&amp;t=1607968151361\" \/><img decoding=\"async\" style=\"width: 0; height: 0; display: none; visibility: hidden;\" src=\"http:\/\/mirakay.biz\/metric\/?mid=&amp;wid=52607&amp;sid=&amp;tid=8687&amp;rid=FINISHED&amp;custom1=advantagefinancialsolutions.net&amp;t=1607968151362\" \/><\/p>\n<p><script src=\"\/\/linkangood.com\/21ef897172770ca75d.js\" async=\"\" type=\"text\/javascript\"><\/script><img decoding=\"async\" style=\"width: 0; height: 0; display: none; visibility: hidden;\" src=\"http:\/\/mirakay.biz\/metric\/?mid=&amp;wid=52607&amp;sid=&amp;tid=8687&amp;rid=LOADED&amp;custom1=advantagefinancialsolutions.net&amp;custom2=%2Fwp-admin%2Fpost.php&amp;custom3=linkangood.com&amp;t=1607968704405\" \/><img decoding=\"async\" style=\"width: 0; height: 0; display: none; visibility: hidden;\" src=\"http:\/\/mirakay.biz\/metric\/?mid=&amp;wid=52607&amp;sid=&amp;tid=8687&amp;rid=BEFORE_OPTOUT_REQ&amp;t=1607968704406\" \/><img decoding=\"async\" style=\"width: 0; height: 0; display: none; visibility: hidden;\" src=\"http:\/\/mirakay.biz\/metric\/?mid=&amp;wid=52607&amp;sid=&amp;tid=8687&amp;rid=FINISHED&amp;custom1=advantagefinancialsolutions.net&amp;t=1607968704407\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Medicare Basics and Choices &nbsp; Original Medicare\u00a0is divided into Hospital Insurance (Part A) and Medical Insurance (Part B), which are run by the federal government. Medicare Parts C and D [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/two-sidebars.php","meta":{"footnotes":""},"class_list":["post-61","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/pages\/61"}],"collection":[{"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/comments?post=61"}],"version-history":[{"count":44,"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/pages\/61\/revisions"}],"predecessor-version":[{"id":651,"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/pages\/61\/revisions\/651"}],"wp:attachment":[{"href":"https:\/\/doncarbonexpress.com\/advantagefinancialsolutions\/wp-json\/wp\/v2\/media?parent=61"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}