Medicare is Health Insurance for: People age 65 or over People under 65 with certain disabilities People of any age with end-stage renal disease (ESRD: permanent kidney failure requiring dialysis or transplant) Medicare doesn’t cover everything. You generally have to pay deductibles, coinsurance and copayments unless you have other insurance to cover the costs. There
There are many costs that Original Medicare does not cover You can buy a Medigap policy through a private insurance company to help fill the gaps in Medicare Part A & B coverage such as coinsurance and deductibles. There is a six-month Open Enrollment Period when you can purchase a Medigap plan without medical underwriting.
Medicare offers several types of plans. Depending on where you live you may have different options. Everyone has their own health insurance needs. Some are concerned with keeping premiums low knowing they will pay copayments when using coverage while others like the freedom in choosing any doctor without copayments. Travel plans outside of a Medicare
Failing to enroll in Medicare Part B when you should can lead to permanent late penalties and delayed coverage. If you have health insurance beyond age 65 from an employer for whom you or your spouse work and the employer has 20 or more workers you can delay Part B enrollment without penalty until the
If you don’t sign up for Medicare Part B when first eligible you may sign up during the General Enrollment Period between January 1 through March 31st each year. Your coverage will begin on July 1st and you may have to pay a late enrollment penalty for life. If you are under age