Health insurance is one of those things that you just have to have.
It’s important during every stage of life but even more so when you’re a senior citizen and your health needs can change quickly.
As you near age 65, make sure that you’re taking full advantage of Medicare.
Don’t forget that you can change your plan after you’ve turned 65 during the Annual Election Period.
Here’s the information you need about Medicare and the options that are available to you.
There are actually three time periods throughout the year when you’re eligible to sign up for Medicare.
One of the most confusing parts of Medicare for most people is distinguishing between the various parts. Here’s a little help.
There are two parts to Original Medicare.
You can expect that your Medicare coverage will be adequate for approximately 80 percent of the cost of your healthcare services. The other 20 percent has to come from your pocket.
Original Medicare also doesn’t cover prescriptions, so that will be your responsibility, as well.
Because of these factors, you may want to purchase a supplemental plan.
Here are your options.
Make sure you talk to your regular doctor before you choose a Medicare plan. If you don’t and choose a plan he or she doesn’t accept, you may need to find a new doctor.
Healthcare plans change from year to year, besides the fact that the status of your health can change rapidly, too.
Going over your plan with a professional every year will ensure that you’re getting the best coverage at the most affordable cost.
It’s always a good idea to seek the help of an expert when you’re reviewing your plan. It can be confusing and choosing to work with a qualified insurance agent can make all the difference.
The choices that you make about your healthcare are important and have big consequences. It’s up to you to make sure your questions are answered and you have the coverage you need.
Does understanding Medicare a little bit better give you more confidence about making choices for your future?