There’s a good possibility that many of you reading this have only recently become eligible to receive Medicare coverage. When you’re new to Medicare, learning what the insurance covers and what it doesn’t can feel like a never-ending trek up a very long and steep hill. In other words, learning the ins and outs of your Medicare coverage can be tough.
Original Medicare, Part A and Part B, provide great coverage for many of the healthcare services that you’ll need. However, it doesn’t cover everything. Fortunately, additional plans are available to help reduce the cost you pay out-of-pocket. These plans include:
Medicare Advantage in particular can give you access to coverage that Original Medicare doesn’t offer. In fact, some of the benefits offered by Medicare Advantage plans may be a pleasant surprise to you! If you’re in search of Medicare plans near North Hempstead, MedicareInsurance.com can help.
Original Medicare can meet most of your healthcare needs. However, there are some things that aren’t covered by the insurance. Medicare Advantage plans in the North Hempstead, NY area can help you fill the gaps in your coverage. As with anything, there are limitations to what Medicare Advantage plans will or will not cover.
Medicare Advantage differs from Original Medicare in that it isn’t offered by the Federal government. These plans are offered by private insurance companies who have been authorized by the government to do so. While they cover everything that Original Medicare covers, additional benefits will vary depending on your plan and location. Your deductibles, premiums, and copays will vary as well.
Some of the benefits offered by Medicare Advantage plans include:
Not finding Medicare Advantage plans in the North Hempstead, NY area that meet your needs? Other plans, such as Part D Prescription Drug coverage and Medicare Supplemental Insurance can give your existing coverage a boost. Speak with one of our licensed agents today to learn more about Medicare plans near North Hempstead.
Regulations on when you’re able to enroll in a Medicare plan are strict, and they depend on when you first become eligible. No matter whether you’re enrolling in a plan for the first time or you’re making a switch, it’s important to know whether or not you’re in the correct enrollment period before you do anything.
When you first become eligible for Medicare, either due to age or disability, you’re able to enroll in a Medicare plan during a seven-month Initial Enrollment Period (IEP). Your IEP begins three months before you first become eligible, typically three months before your 65th birthday, then ends three months after your month of initial eligibility.
If you miss your IEP, you can enroll in a plan during Medicare’s Annual Enrollment Period (AEP). AEP runs from October 15 through December 7 each year. You can also make changes to your existing Medicare plan during this time, if you are currently enrolled in one.
Simply looking to switch to a different Medicare plan or change your existing coverage? You’ll be able to do so during an Open Enrollment Period (OEP), which takes place from January 1 through March 31 each year.
If you missed any of the enrollment periods listed above, you may qualify for a Special Enrollment Period (SEP). In order to qualify to take part in an SEP, you’ll need to have missed another enrollment period due to a qualifying life event. Qualifying life events include losing your existing coverage or relocating to another area. You may also qualify to take part in an SEP if a 5-Star Medicare Advantage plan has recently become available in your area.
Do you have questions about 5-Star Medicare Advantage plans in North Hempstead, NY? Give our licensed agents a call at (800) 950-0608 to learn more about the options available to you. You can also find Medicare plans near North Hempstead by entering your zip code into our free comparison tool below.
Don’t let the Medicare plan options out there overwhelm you. MedicareInsurance.com is here to help. Our licensed agents are happy to answer any questions and help you compare options to find a Medicare plan that works for you.
Looking to learn more about Medicare Advantage in North Hempstead, NY? Have questions about Medicare Part D and Medigap plans? Give us a call today – we’re always happy to help!Email Us