Plan Medicare
02-17-2011
Entering the world of Medicare and retirement itself can be very confusing and overwhelming. American citizens turning age 65 become inundated with mail, flyers, and countless phone calls, all revolving around Medicare, Plan Medicare, and the plans attached to Medicare. Luckily, Medicare Supplements Made Easy provides an 800 number to call with a friendly, live agent to speak to who will answer all of your difficult questions. Aside from that, I am going to explain Medicare as simply and thoroughly as possible.
Roughly three months before you turn 65, if you’re already receiving social security benefits, you will receive a red, white, and blue card from Social Security. This is your Medicare card. Guard this card with your life. This card will grant you access to any doctor or hospital in the country that accepts Medicare. You will notice that the card has a Medicare claim number, usually you’re social security number plus a letter. Also, the card has “Part A” and “Part B” and their effective dates. There are four major parts to Medicare, parts A through D. Part A is your entitlement for working 40 quarters in the United States and it doesn’t cost you a monthly premium. Part A is Medicare’s form of hospital coverage. Before Medicare will step in and pay 80% of your hospital costs, you must fulfill a deductible of $1132 every 60 days that you enter the hospital. That is a huge gap and could potentially mean thousands of dollars a year in a catastrophic situation. Part B is Medicare’s form of doctor coverage. Before Medicare steps in a pays 80% of your doctor coverage, leaving you with the remaining 20%, you must fulfill an annual deductible of $162. These deductibles do tend to rise each year so it’s important to keep abreast of the changes to Medicare, which can most easily be accomplished through visiting Medicare Supplements Made Easy. Part C refers to Medicare Advantage plans, which revolve around a strict network of doctors and hospitals and have many unexpected out of pocket costs. Part D refers to your drugs.
Plan Medicare, or a Medicare Supplement, is secondary insurance that will, if done correctly, cover the remaining 20% of all doctor and hospital bills, the Part A hospital deductible, and the Part B deductible. The Plan Medicare plan that is the most popular and comprehensive is Plan F. Medicare Supplements Made Easy will give you a FREE Plan Medicare quote for your zip code! Don’t hesitate. Call or click today!