the one really great benefit of turning 65.
Receiving your Medicare ID card starts with Social Security. Follow the link to set up your own account with Social Security. Normally it is automatic that you receive your card 3 months prior to your month of enrollment.
We are going to make it real simple here.
Medicare consists of
Part A – Hospital care
Part B – Care outside of the hospital
Part C – Advantage plans
Part D – Drug coverage.
There is often confusion about
Parts A & B.
Part A, is automatically given to you at no cost. You will have no choice on Part A.
Part B, has a monthly premium. Currently, in 2023, the average is $170.14/month. It may be higher, based upon your income. The amount is deducted from your social security monthly payment, or billed to you on a quarterly basis if you are not receiving Social Security.
This may be avoided if you continue to work for your employer.
You may, stop your employment and start Part B at a later date without any penalties. If you should choose not to take Part B when you turn 65 and are not covered under another plan, There will be a penalty for late enrollment.
For more detailed information, contact us or Medicare.
We can take the confusion out of selecting your Medicare Plan
On the 2 following pages, we will discuss the Supplement and Drug plans.
Then the Advantage plans available.
To meet the various needs of our clients.
We represent several different companies.
Each company offers different benefits or providers.