I help my clients to understand how Medicare works, so they can select a plan that’s the best fit. — Michael Grodsky, Aquarius Insurance Services, LLC.
Timing is everything in Medicare
- Turning 65 soon? Let’s have a conversation is about 12 months before your 65th birthday. That way there is plenty of time to learn before your Medicare begins.
- Receiving SSDI? (Social Security Disability Insurance) Folks who have received 24 months of SSDI payments may qualify for Medicare, regardless of age.
- Already started Medicare? An annual review is helpful because changes can occur every year in Medicare Advantage and Prescription Drug Plans, and premiums of Medicare Supplement Plans.
- 65+ and covered in a group plan or COBRA? Your enrollment window varies, depending on various factors including whether or not your Medicare Part A and B are active. Ask your Human Resources person for advice.
- Already enrolled in a Medicare Supplement Plan? In California, you can switch to any other carrier’s equal or lesser value plan, guaranteed issue, during the 30 days following your birthday. Applications submitted at other times can result in a rate up or decline due to preexisting conditions.
Helpful Medicare Publications
Visit https://www.medicare.gov/Publications/ and type in the name of the publication you wish to access. Below are names of some common publications.
- Medicare & You
- Choosing a Medigap Policy: A Guide to Health Insurance for People with Medicare
- Your Guide to Medicare’s Preventive Services
- Your Medicare Benefits
- Medicare and Other Health Benefits: Your Guide to Who Pays First
- Medicare Hospice Benefits
- Your Guide to Choosing a Nursing Home
- Your Guide to Medicare Prescription Drug Coverage
Disclaimer: Aquarius Insurance Services, LLC and Michael Grodsky do not work for, and are not representatives of, Medicare or any government agency.