Medicare Questions – FAQ

Your Medicare questions answered. Review popular Medicare questions and answers. Where are the BEST Medigap rates? Does my doctor take Medicare? How do I find the RIGHT plan for my needs and budget?

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Turning 65 – Medicare Questions

Most people turning 65 will be eligible for Medicare. What are my options? You should enroll in Medicare Part A and Part B if you are losing current health insurance. If you will continue receiving employer group health insurance coverage you may not need Part B.

Category: Turning 65
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Most people will enroll in Medicare Part A and Part B before turning 65. How do I choose the right plan? If you are currently receiving Social Security, you will be automatically enrolled effective the month you turn 65. If you need to apply direct you may do so no sooner than 3 months before your 65th birthday.  Use this link to apply online.

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Medicare premium costs for Part A are “prepaid” for most people who have qualified based on past Social Security earnings. Medicare Part B standard premiums in 2018 are $134. If your MAGI is above the threshold you may owe a tax in addition to your Part B Medicare premiums. Are Medicare premiums tax deductible?

 

Medicare Premium Costs

In addition to your Medicare premiums, you may incur additional costs for supplemental coverage, prescription drug plan or a Medicare Advantage plan.

Most people pay nothing for Medicare Part A if they have at least 30 quarters of earned income and paid Medicare taxes on those earnings.

Popular Georgia Medicare supplement plan premiums start around $100 per month in 2018. Popular GA Medigap plans limit your out of pocket expenses to the Medicare Part B deductible ($183 in 2018).

Medicare Part D monthly premiums are as low as $12 in 2018.

Many people do not pay a monthly premium for Advantage plans but that does not mean they are “free”. If you select an Advantage plan you will need to budget for planned and unplanned out of pocket health care expenses. Outpatient care may incur copay’s starting at $10 while some procedures may run $100 or more. Hospital inpatient care imposes a daily copay of several hundred dollars for a specific number of days.

Most GA Advantage plans are HMO models (2018) with small networks. HMO plans reserve the right to deny payment for claims incurred outside of your network.

Currently, many Advantage plans limit your annual out of pocket expenses for health care to $6,700 per year. These amounts do not include prescription drugs. If you use non-par providers your out of pocket expenses could be considerably higher.

 

#MedicarePartAPremium #MedicarePartBPremium #MedicarePartDPremium #MedicarePartCPremium

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Finding the RIGHT Medicare plan. Medicare Advantage or Medicare supplement? Which is better? What is the difference. Which one is right for me? Are you turning 65? Where do I get honest information without sales pressure? Is there anyone out there who will just answer my questions?

The Right Medicare Plan for You

Finding the best Medicare plan that is right for you is easy . . . as long as you know the right questions to ask. For instance.

  • Do you travel in the United States?
  • Would you like to keep your doctor?
  • How much per year do you normally spend on health care?
  • Would you prefer budget your health care expenses or pay as you go?

Do you want to see all the Medigap rates in your area or are you content with reviewing plans from just a couple of carriers? Some agents will only show you one or two carriers, telling you both are the best, and say pick one. At least one of those carriers may be paying a bonus for each application. One carrier is currently (May 2018) paying as much as $150 per application for new business.

If you are about to turn 65 and enroll in Medicare you need good information to make the right decision. Find the plan that fits your needs and budget.

You have questions. We have answers. No selling, ever. Get instant GA Medigap quotes.

 

#BestMedicarePlan #BestMedigapRates #Turning65 #HonestAnswers

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Finding the RIGHT plan

Finding the RIGHT Medicare plan. Medicare Advantage or Medicare supplement? Which is better? What is the difference. Which one is right for me? Are you turning 65? Where do I get honest information without sales pressure? Is there anyone out there who will just answer my questions?

The Right Medicare Plan for You

Finding the best Medicare plan that is right for you is easy . . . as long as you know the right questions to ask. For instance.

  • Do you travel in the United States?
  • Would you like to keep your doctor?
  • How much per year do you normally spend on health care?
  • Would you prefer budget your health care expenses or pay as you go?

Do you want to see all the Medigap rates in your area or are you content with reviewing plans from just a couple of carriers? Some agents will only show you one or two carriers, telling you both are the best, and say pick one. At least one of those carriers may be paying a bonus for each application. One carrier is currently (May 2018) paying as much as $150 per application for new business.

If you are about to turn 65 and enroll in Medicare you need good information to make the right decision. Find the plan that fits your needs and budget.

You have questions. We have answers. No selling, ever. Get instant GA Medigap quotes.

 

#BestMedicarePlan #BestMedigapRates #Turning65 #HonestAnswers

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Medicare Myths

Does my doctor take Medicare? How much does Medicare pay doctors? What percent of doctors do not take Medicare? Do all doctors accept Medicare? How do I find Medicare providers? If you are about to turn 65 and enroll in Medicare, you need answers to these questions.

Medicare Doctor

Ask your doctor if they take Medicare assignment or use Physician Compare. Medicare providers will be paid by EFT. More than 90% of PCP’s accept Medicare. 

If you currently have a regular doctor there is a good chance you can continue to see your doctor as long as you opt for original Medicare and a supplement plan. However, many doctors do not participate in at least some Advantage plans. Ask your doctor before enrolling in Medicare.

Medicare participating doctors are paid a fee for services rendered. Congress sets payment guidelines for Medicare participating doctors.

Most primary care doctors participate in Medicare and accept assignment of benefits. On the other hand, many psychotherapists and gynecologists often choose to opt out of Medicare. In this case you are expected to pay cash at the time of service.

 

#MedicareDoctor #MedicareAssignment #MedicarePhysicianFinder

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  • Jessica Jones says:

    Bob, you are the best. Your information is so helpful. This is a new area to me and it is now the time for me to look at this and find the answers I need to help me decide which is the best way to go, the best plans to take. Thank you so much and we will be in touch.

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