Medicare Insurance Plan in Salt lake city
Posted by jennah kellen on July 4th, 2019
New To Medicare?
There are many details of Medicare which can be confusing. Rocky Mountain Insurance is here to make it easy and understandable. We help you choose the plan that works best for you.
Timeline Of Medicare Enrollment Periods:
Special Election Periods
There are special situations where you may qualify to enroll in a plan, or change the plan you may be currently enrolled in, even when enrollment has ended. Some of those situations include the following:
Medicare Part B Late Enrollment Penalty
If you do not sign up for Part B when you are first eligible, or if you drop Part B and enroll later, you may pay a late enrollment penalty:
Medicare Part D Late Enrollment Penalty
If you don’t sign up for Part D when you’re first eligible, you may pay a late enrollment penalty:
Medicare Advantage Plans (Part C)
What Can You Get?
Medicare Advantage Plans cover the same benefits as Original Medicare, and often more. These plans have a contract with Medicare to provide at least the same level of medical and doctor coverage and often include drug coverage and additional benefits like dental & vision benefits, fitness programs, and more.
These health plans cover all the benefits of Medicare Part A, including hospital stays, skilled nursing care and home health care, but not hospice care (which is still covered by your Part A benefit). These plans also cover all the benefits of Medicare Part B, including doctor visits, outpatient care, screenings, shots and lab tests.
Many Medicare Advantage Plans also include Medicare Part D prescription drug coverage.
Many Medicare Advantage Plans start at --content-- Premium.
You must have Medicare Part A and Part B to enroll on this type of Medicare plan. Most plans include urgent care and worldwide emergency coverage, an annual out-of-pocket maximum to help you budget for your health care costs, and most include prescription drug coverage. Many plans have no additional monthly premium beyond what you already pay for Part B.
There’s a lot of Medicare Advantage plans offered in the Rocky Mountain region, so make sure to contact us so we can help you compare Medicare plans available in your county, verify your doctor is covered and your prescriptions and any other medical equipment. We also assist you in finding a doctor, specialist or any provider that may need. We’re here to help and serve you!
MEDICARE ADVANTAGE PLAN TYPES:
HMO Plans-Health Maintenance Organization
PPO Plans-Preferred Provider Organization
Medicare Prescription Drug Plans (Part D)
What Are Medicare Prescription Plans?
Medicare Prescription Plans – Medicare Part D is the federal government’s prescription drug program; that covers both brand-name and generic prescription drugs at participating pharmacies in your area. The coverage is available to all people eligible for Medicare, regardless of income and resources, health status, or current prescription expenses. Medicare prescription drug coverage provides protection for people who have very high drug costs.
Good News! You May Qualify For EXTRA HELP…
…to help pay for your prescription drug plan and co-pays. If your income is below ,505 per year for a single person (or ,595 for a married couple living together or even more if you have dependent children or grandchildren living with you); AND if your assets are below ,440 for a single person (or ,860 if you are married). (DO NOT count your home, vehicles, personal possessions, life insurance, burial plots, irrevocable burial contracts or back payments from Social Security or SSI.)
What Are Medicare Supplements?
Plans are standard, so different companies all offer the same benefits, but the premiums do vary based on a number of factors. Consider these facts in deciding if Medicare Supplement insurance for hospital and medical coverage is right for you:
What You Should Know:
Every company offering Medicare Supplement insurance must offer Plan A. In addition, companies may have some, all, or none of the other plans. Plans are standardized, so different companies all offer the same benefits, but the premiums do vary based on a number of factors. Although private insurance companies are required to offer the same benefits for each lettered plan, they do have the ability to charge higher out-of-pocket costs for this coverage.
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About the Authorjennah kellen
Joined: June 20th, 2019
Articles Posted: 42
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