During this 6-month period you are guaranteed access to these policies for a limited time, regardless of your health status. Supplemental Medicare Open Enrollment lasts for 6 months beginning the month you turn 65 years old and enroll in Part B.This enrollment period does not apply to Medigap plans or to those who didn’t enroll in Original Medicare when they were first eligible. Medicare Open Enrollment: From October 15 through December 7, anyone with Medicare can reevaluate their coverage, whether its Original Medicare with Supplemental Coverage or Medicare Advantage.If you are receiving Social Security or Railroad Retirement Board benefits, you are automatically enrolled on the first day of the month you turn 65. During this period, you can enroll in either Original Medicare or Medicare Advantage, if you have Medicare Part A and Part B. Initial Enrollment Period: A seven-month period that begins 3 months before you turn 65, includes the month you turn 65 and continues for three months after you turn 65.Consider purchasing supplemental plans that are “community rated” or “issue-age rated” rather than “attained-age” rated, so that rates don’t increase uncontrollably as you age. These plans may cover some or part of out-of-pocket costs related to Medicare Part B. Supplemental Medicare (also known as Medigap)Ĭan only be purchased with Original Medicare plans and CANNOT be purchased with Medicare Advantage plans. Different regions may have different Medicare Advantage plans.Ī prescription drug program available to all Medicare beneficiaries for a fee. These plans must provide the same benefits offered by Original Medicare, but may charge different coinsurances, copayments or deductibles for services. Preferred Provider Organizations (PPOs), allow members to obtain care from providers outside the network, at significantly higher costs.Health Maintenance Organizations (HMOs), require you to seek care from a specific network of hospitals and doctors. Private companies contract with the federal government to offer Medicare benefits, including: The federal government plan that covers medical procedures, services and equipment, injectable drugs administered in the doctor’s office (such as those used to treat macular degeneration, vein occlusion or diabetic retinopathy), and other outpatient services. The federal government plan that covers inpatient hospital, skilled nursing facility, home health and hospice care.
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