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Part A is Hospital Insurance<\/strong>\u00a0and covers costs associated with confinement in a hospital or skilled nursing facility (but not physician\u2019s fees).<\/p>\n <\/p>\n 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 Once eligible for Medicare, your choice of\u00a0ways to receive benefits:<\/p>\n Enrollment Periods for Parts A and B<\/strong><\/p>\n If you are receiving Social Security benefits you\u2019ll\u00a0 automatically get Medicare Parts A and B starting the first day of the month you turn 65.<\/p>\n Click\u00a0www.medicare.gov<\/a>\u00a0for additional information.<\/p>\n 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 Initial Enrollment Period<\/strong>\u00a0\u2013 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 Open Enrollment<\/strong>\u00a0\u2013 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.<\/span><\/p>\n Special Enrollment \u2013 Employer based coverage \u2013<\/strong>\u00a0If you didn\u2019t 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\u2019s), you can enroll at any time you have coverage as follows:<\/p>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0\u00a0\u00a0What\u2019s Right for You?<\/strong><\/p>\n Most Medicare beneficiaries choose to go beyond\u00a0Medicare Parts A and B. Part A has hospital\u00a0deductibles<\/u>\u00a0and Part B has a\u00a020% co-insurance<\/u>\u00a0liability, with no limit on your \u00a0out of pocket expenses.\u00a0\u00a0Medicare\u00a0Supplement<\/strong>\u00a0and\u00a0Medicare 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 Premiums for Parts A \u2013\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 Premiums for<\/strong>\u00a0\u00a0Part \u00a0B \u2013\u00a0<\/strong>Medicare Part B requires premium payments that are based on\u00a0Adjusted Gross Income<\/strong>\u00a0(AGI).<\/p>\n <\/p>\n I am committed to helping you and your loved ones make your own well-informed choices regarding the complex subject of Medicare. Please contact me from the link and number below.<\/p>\n <\/p>\n <\/p>\n Sandy Essex,<\/p>\n CLTC Long Term Care Planning Advisor CLICK HERE to see the COST Of CARE IN YOUR AREA<\/a><\/strong><\/p>\n![\"\"](\"https:\/\/doncarbonexpress.com\/bestltcadvice\/wp-content\/uploads\/2018\/10\/Medicare-Maze.png\")
<\/a>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
\nPart B is Medical Insurance\u00a0<\/strong>helps cover physicians\u2019 services, outpatient care, diagnostic tests and supplies.<\/p>\n\n
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\n847.695.6690\u00a0<\/a>
\nVisit us at\u00a0\u00a0\u00a0www.BestLtcAdvice.com<\/u><\/a><\/p>\n
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