2023 Medicare Open Enrollment runs from October 15th to December 7th 2022.
Do you find Medicare confusing? Our local agents are here to help make things simple.
Getting close to turning age 65? If so, now is the time to call our agency for an appointment to discuss your Medicare insurance options in Ohio.
We represent many companies offering:
- Medicare Supplement Plans
- Medicare Advantage Plans
- Part D Prescription Drug Plans
It’s very important to understand the differences of these plans: We have “real-live” local agents ready to help you understand your options. Don’t trust this important decision with a door to door sales rep representing only one company or a faceless call center employee out of state.
4 BENEFITS OF WORKING WITH A LOCAL AGENT
- Knowledge of many plans: We represent many Medicare Plans. Our knowledge of many plans can help you save much time researching plans on your own. We specialize in listening to you and recommending plans that best match what’s most important to YOU.
- Provider Lookup: We help YOU find a plan that covers the doctors and hospitals most important to YOU.
- Medication lookup and cost comparison: We can help you find a Part D drug plan that will save you the most at the pharmacy of YOUR choice based upon your medication list.
- No fees or additional costs to you: As agents we are compensated in the form of commissions by the Medicare Plan if you enroll. No additional cost to YOU.
Medicare Supplement Plans
Medigap insurance covers some, or all of the cost, which Medicare does not cover (20%). Medigap Insurance is available to everyone in the country, age 65 or older, whom have Medicare Parts A and B. Medicare Supplement Plans are accepted by any Doctor in the United States who accepts Medicare patients. Medicare Supplement Plans are guaranteed issue at age 65, or when you enroll in Medicare Part B, regardless of pre-existing conditions.
Medigap Plans are also guaranteed renewable for life, as long as you pay your Medicare Supplement Plan premium. They are NOT guaranteed renewable at the SAME premium every year. Medigap premiums adjust annually.
At age 65, you are provided an opportunity to select any Medicare Supplement plan policy from ANY insurance company, and since it is guaranteed renewable, you can keep that plan for the rest of your life.
Medicare Supplement Plan G is the exact same Plan F but doesn’t pay for Part B deductible ($226 for 2023) Plan F will no longer be available to new Medicare members starting Jan 1, 2020.
Medicare Supplement Plans are ideal for clients living outside of major metro areas, since they offer flexibility to obtain medical care anywhere in the country, as opposed to being restricted to only local doctors and hospitals.
Medicare Supplements are also very popular with “snowbirds” because they receive care in different parts of the country throughout the year, and is accepted by any doctor that accepts Medicare.
- Medicare is funded by deductions from your paycheck (just like Social Security), plus Part B Premium,
- Part B is $164.90 per month for those new Medicare in 2023, with an Adjusted Income of $97,000, or less, per year, or $194,000 per year, for a couple.
- Must have Medicare Part A and Part B to enroll in any Medicare Supplement Plan or Medicare Advantage Plan.
- Medicare basically is an 80/20 Plan, Medicare pays 80%, and you are responsible for the remaining 20% co-insurance, and deductibles.
- Medicare Part B deductible is $226 in 2023.
If you are receiving Social Security benefits prior to Age 65, you will automatically be enrolled in Medicare Parts A and B, when you turn age 65. Your Part B premium will be deducted from your Social Security benefits automatically, and therefore you will not need to take any action to enroll in Medicare Parts A and B.
When you turn Age 65, you have a seven-month initial enrollment period.
For Example: You turn Age 65, April 20
- You have the month of your birthday, April, as well as the three months prior to your birthday, and the three months following your birthday month. You may enroll as early as January 1st, and as late as July 31st.
Clients still working past Age 65, with Employer Health Plan:
- You can delay enrolling in Medicare Part B until you retire, and enroll in Part B at that point.
- You are provided a special enrollment period when you retire, regardless of the time of year (no need to wait until Annual Enrollment Period).
- Click on ‘Menu’ icon in the header, and then in the middle row, third line down, click on Medicare
- At the bottom of the first paragraph, you find the blue box, and click on ‘Apply for Medicare Only’.
- Next will be a page that you have to agree to the terms at the bottom of the page.
- Click on ‘Start New Application’ in the second grey box and your on your way
- Medicare will ask about your current health insurance, date and place of marriage(s), Military service, Employer details for the prior two years, and bank information.
- This process will only take about 10 minutes.
- You will receive your Medicare card in the U.S. Mail in about two weeks.
Your card will have your new Medicare number and effective dates for Part A and Part B, at that point you can enroll in a Medicare Advantage plan or purchase a Medicare Supplement plan.
Part D RX plans:
Avoid the late enrollment penalty by signing up for your Part D Drug Plan when you’re first eligible as the penalty increase and will never go away. Part D Penalty Calculator
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact medicare.gov or 1-800-medicare to get information on all your options.