If you’re approaching retirement or looking at your proper health coverage after 65, the time has come to start thinking about enrolling in Medicare. If you’re not already on Medicare, now is the time to get your paperwork in order and sign up.
If you’re already on Medicare, this is a good time to review your coverage and make sure it still meets your needs. You may also want to consider switching to a different Medicare plan that suits your needs better.
Either way, the Sosa Insurance Group can help you navigate the Medicare enrollment process and find the best coverage for your needs.
Learn more here.
What Is Medicare?
Medicare is a government health insurance program for people 65 and older, as well as for some younger people with disabilities.
There are four parts to Medicare:
– Part A covers hospital stays and other inpatient care requirements.
– Part B covers doctor visits, preventive screenings, and other outpatient care.
– Part C is also known as Medicare Advantage. It’s an alternative to Parts A and B that typically provides coverage for both hospital stays and doctor visits.
– Part D is prescription drug coverage.
If you have Medicare Health Plan coverage and would like to get properly informed on some upcoming changes in 2023 and review your current Medicare Health Plan to check if you have the “right” one for you, now is the time to do that. The Medicare Annual Enrollment Period starts on October 15 and ends on December 7 each year. You may also be able to sign up during a special enrollment period for those in need. This option is only available for those that have a life-changing event, such as losing your job-based health insurance.
The Sosa Insurance Group can help you understand your Medicare Health Plan options and find the best coverage for your needs.
What Paperwork Is Required To Apply For Medicare?
To apply for Medicare, you’ll need to have your Social Security number and the date of your 65th birthday (or the date you became disabled) handy.
You can apply for Medicare online or, when you’re ready, contact Social Security to sign up by calling 1-800-772-1213. You can also visit your local Social Security office.
If you’re already receiving Social Security benefits when you turn 65, you’ll automatically be enrolled in both Medicare Part A and Part B.
How Much Does Medicare Cost?
Medicare Part A is free if you have worked 40 quarters or 10 years and have paid into Social Security. If you have to pay for Part A, it will cost you up to $506 per month in 2023.
Medicare Part B has a standard monthly premium of $164.90 in 2023, but your actual premium may be higher or lower depending on your income.
Medicare Part C and Part D plans typically have monthly premiums, as well as other costs like deductibles and co-payments.
The Sosa Insurance Group can help you understand the costs of different Medicare plans and find one that fits your budget.
When Should You Enroll In Medicare?
During the AEP (Medicare Annual Enrollment Period), you can make some of the following Medicare coverage changes:
– Disenroll from Medicare Advantage plan and return to Original Medicare (Part A and Part B)
– Switch from Original Medicare and enroll in a Medicare Advantage plan
– Switch from one Medicare Advantage Plan to another
The Sosa Insurance Group can help you to get ready for your enrollment. They will also be able to breakdown the plans for you and answer any Medicare-related questions.
You may also be able to sign up during a Special Election period if you have a life-changing event, such as losing your job-based health insurance.
More About The Sosa Insurance Group
The Sosa Insurance Group is a family-owned business with over 13 years of experience in the Medicare insurance industry. They’re dedicated to helping their clients find the best possible coverage at the most affordable rates.
The Sosa Insurance Group is dedicated to educating and helping people with their Medicare Health Plan needs. They work with you one on one to make sure that you’re getting the best possible care. They understand that Medicare can be confusing, but they’re here to help make the process as smooth and easy as possible.
If you have any questions about enrolling in Medicare, or if you need help finding the right coverage for your needs, get in touch with The Sosa Insurance group. You can find them by navigating to their website, or their social pages: Facebook, YouTube, Instagram, LinkedIn
