Medicare Open Enrollment

Open enrollment for Medicare happens every year from October 15th to December 7th, with an individual’s coverage changes going into effect January 1st of the following year. Additionally, seniors are eligible for open enrollment three months before and after their 65th birthday. During these open enrollment periods, seniors who qualify are able to do the following

  • Change from Original Medicare to a Medicare Advantage Plan.
  • Change from a Medicare Advantage Plan back to Original Medicare.
  • Switch from one Medicare Advantage Plan to another Medicare Advantage Plan.
  • Switch from a Medicare Advantage Plan that doesn’t offer prescription drug coverage to a Medicare Advantage Plan that offers prescription drug coverage.
  • Switch from a Medicare Advantage Plan that offers prescription drug coverage to a Medicare Advantage Plan that doesn’t offer prescription drug coverage.
  • Join a Medicare Prescription Drug Plan.
  • Switch from one Medicare Prescription Drug Plan to another Medicare Prescription Drug Plan.
  • Drop your Medicare prescription drug coverage completely.

This information is courtesy of http://www.Medicare.gov.

For more information about Medicare enrollment periods, you can contact the Medicare experts directly at SeniorQuote by calling 888-278-5126.

Medicare Advantage: Is there truly an advantage?

Confused about Medicare Advantage?  You are not alone.   To understand Medicare Advantage it is important to get a sense for the bigger picture, rather than becoming overwhelmed by the complicated specifics and details.   Let’s reduce Medicare Advantage to the basics, so you can be better informed and make better decisions when planning your Medicare.

 

To start, original Medicare is a government program that is part of Social Security, created to help seniors with their healthcare needs.     If you are a senior over the age of 65, assistance is available to provide for your healthcare necessities with what is called Medicare Part A and Part B.  Think of these two parts as the building blocks of a complete personal healthcare program.  While the foundation of Original Medicare is most important to your healthcare, you may want to add additional layers of coverage.  These additional layers of coverage are not provided through Medicare and need to be supplemented by you personally.

 

According to Medicare.com, Medicare Advantage offers additional individual coverage that Medicare does not provide.   It is essentially a package of additional healthcare benefits provided by private companies or insurers, such as vision, hearing, dental, and/or health and wellness programs. Most include Medicare prescription drug coverage (Part D). Medicare Advantage Plans still provides you with the important foundation of Medicare Part A and Part B provided by the government, while offering you additional coverage that fills in some of the gaps that exist within Original Medicare. Medicare Advantage offers a variety of different coverage programs, rates, rules, and physician networks.  These many options can be great for people who want more choices and better coverage for their individual needs, however the program details can often be confusing, with additional rules and restrictions.

 

A common analogy that is used to describe Original Medicare is the foundation of a house.  The foundation includes a basic floor, walls, and a roof.  It is a great and important start and provides the framework for your home.  But what if you want a more comfortable home? Like additional rooms? Or a custom kitchen? Or bigger bathrooms?  Well, Medicare Advantage programs allow you to add some important custom features to your healthcare home, like the vision, hearing, dental, wellness programs and prescription drug coverage previously listed. ,

 

It is up to each personal to decide what is right for their individual healthcare needs and Medicare Advantage offers many important options.
If you have questions about your personal healthcare, insurance coverage, or Medicare, you can contact the Medicare experts directly at SeniorQuote by calling 888-278-5126.