Medicare can be a confusing topic for many people, and it doesn’t help that many of the resources available can be equally as confusing to find as the topic itself! There are some things about Medicare that people don’t always know—like if you enroll late, you may have higher premiums, or what Medicare will cover for each individual. Luckily there are resources to help you answer the questions you have. This article will link you to a few of the resources to help point you in the direction of the information you need to get started.
What is Medicare?
Many people are not sure what Medicare is, or what it can do for them. The 2017 edition of Health Care Choices for Minnesotans on Medicare describes Medicare as “a federal health insurance program for those eligible who are 65 or older and certain people with a disability who are under age 65.” According to the guide, Medicare has four parts: Part A (Hospital Insurance), Part B (Medical Insurance), Part C (Medicare Advantage Plans) and other Medicare Plans, and Part D (Medicare Prescription Drug Coverage).
Here’s a link to more information on the different parts of Medicare and what each part does:
Should I apply for Medicare?
Many people do not know if Medicare is for them, or if they need Medicare. There are many things to consider when thinking about applying for Medicare, such as if you need health insurance, if you’re working, and whether the company you work for is small or large. Page 8 of this guide will lead you through this question: http://www.mnaging.org/~/media/HealthCareChoices_101416.ashx/
How do I apply for Medicare?
This question is one that is pretty common among people considering Medicare, but luckily there are resources out there that help you through the process. Here’s one resource put out by the Social Security Administration to help you through the process: https://www.ssa.gov/medicare/.
When do I apply for Medicare?
When applying for Medicare, your initial enrollment period is 7 months long. You can begin applying up to three months before the month of your 65th birthday, and you have until three months after the month of your 65th birthday to complete the application.
What is covered by Medicare?
This is another question many people have when considering Medicare. The Official US Government’s Site for Medicare has a search tool you can use to see what is and is not covered by Medicare. The tool will connect you to all the information or resources you need in finding out if your tests, items, or services are covered by Medicare.
This is just the beginning of the available information and resources you have concerning Medicare. There is a plethora of information available to you in the Health Care Choices for Minnesotans of Medicare guide here: http://www.mnaging.org/~/media/HealthCareChoices_101416.ashx.
While the amount of information can at times be confusing or stressful, the good thing is that there are always trained professionals that can help guide you through the process if you need more help, and these people are ready to help you through every step of the way! You can call the Minnesota Senior LinkAge Line at 800-333-2433 to speak with someone to review your options and answer your questions, or you can contact me and I can help you understand your options and lead you to trusted resources to help you with the process as much as I can.
-Renee Johnson, Kontor Realty Group. Realtor and Certified Senior Advisor 55+ specialist.