Getting Medicare Right – Three Big Deals

There are three big deals about getting Medicare right:

  1. Enroll at the right time. Medicare has a bewildering mix of enrollment periods. You need to use the right one. There’s your Initial Enrollment Period, the General Enrollment Period, the Annual Enrollment Period and various Special Enrollment Periods. Determining which one fits you best is where I come in.
  2. Choose the right mix of Medicare coverage. There are two paths to becoming fully covered. One is Original Medicare (Parts A & B), combined with a Medicare Supplement (Medigap) policy, plus a Part D prescription drug plan. The other path is a Medicare “Advantage” plan (which in most cases I advise against).
  3. Understanding the various parts of Medicare and how to use them. While there are only a few main parts to Medicare, the number of rules, regulations and entitlements within those parts are immense. That’s where I come in, it’s my mission to understand all those parts and help navigate you through it.

If you’re just beginning your Medicare journey, I suggest reviewing the Medicare Summary Guide I revise and put out each year. It’s free and can be found HERE.


Comments

Leave a comment