For most of American Seniors, Medicare is their primary source of medical coverage.
Created in 1965, it has provided the security for seniors that previously may have had problems with the rising cost of medical care. Backed by the government, it has kept up with the fast paced technology and advances in medicine.
To obtain your Medicare Card, contact Social Security by phone, internet or a visit to a local office (Best). This should be done months before becoming eligible for Medicare (your Birth month). This card is required to enroll in any insurance plan.
Advances in Medicare:
As part of the Retirement Planning we do, the selection of the proper health care plan becomes an important factor. Our goal is to protect you from the financial impact of a poor selection of your health coverage. Therefore, entering Medicare becomes a major factor to be considered.
Changes over the years have brought about the addition of Part C – Advantage plans and the Part D – drug coverage. As changes occur, your plan will normally keep current with any changes.
Also under the general heading of Medical, we need to look at Long Term Care. 70% of retiree’s are expected to use some level of LTC, we need to take it into our planning. Working with Medicare, you need to be familiar with the terms and details that are important regarding what they will or will not do for you.
The following pages will help clarify some questions
you may have.
Please contact us for more specific information.
Also follow the links: http://www.cms.gov
Please note that the government websites are incredibly large.
Click on the images to follow the links.