Soon be 65? First: The Social Security system no longer automatically enrolls individuals in MediCARE. Thus, I recommend calling your local Social Security Office for an appointment to sign up - not through the 800#.
MediCARE's Part B only pays 80% of the allowed amount for your physician and other outpatient treatment! What to do? Buy a Medicare Health plan to cover your 20%. It can be a big risk!
Soon be eligible! Pleased to help you understand how Part A and Part B work and the certainty you gain by buying a quality MediCARE health plan.
I would like to - Ask you to:
- Link here to Chat about your questions - will call back if not available.
- Call my Google Voice # (860) 451-9793 with questions or to schedule a no cost consultation.
You can enroll in one of two types of Medicare Health Plans. - First: Medicare Supplements in Connecticut. They are available from private companies and pay, depending on the plan, part or all of the medical treatment expenses MediCARE does not pay. Since there is no limit on your 20% cost sharing they fill a big need!
Medicare Supplements are often called MediGap plans. Some points:
- Supplement Plan A has the least coverage. Plan B includes more, etc. Plan F is the most comprehensive.
- Each company offering a specific plan provides the same benefits but there can be considerable variation in the monthly premium.
- Plan N has a small deductible, a $20 co-pay for office visits, and a $50 co-pay for emergency room visits. This cost sharing results in a lower monthly cost than the full coverage Plan F.
- Supplements are very popular with individuals who want the flexibility to receive medical treatment no matter what state they are in. A recent survey of enrolled individuals found 9 out of 10 reported they were happy with their coverage.
MediCARE's Part A or Part B does not cover normal outpatient prescription medications. Thus, to gain help in paying for outpatient medications you need to enroll in a Medicare Prescription Drug Plan (PDP). It's MediCARE's Part D. Enrolling when you first sign up for Medicare is important. A penalty will be applied if you do not enroll or don't have what is called credible prescription coverage, such as an employer plan.
Second- Medicare Advantage (MA). These plans are MediCARE's Part C:
- MA plans are available from private medical insurance companies and provide at least the same or more benefits as in original MediCARE. Some MA plans have no monthly premium and some charge a premium.
- Individuals receive their medical treatment through the MA companies network of providers and pay co-pays for physician visits, emergency room visits, outpatient surgery, and for a certain number of days if hospitalized. This co-pay cost sharing is limited since the plan's include an annual maximum out of pocket (MOP).
- MA companies have a yearly contract with MediCARE and receive a fixed monthly payment for each person who enrolls. Most include coverage for Part D prescription expenses. This makes them a MAPD plan.
- Companies offering Medicare Advantage in Connecticut include more extensive preventive care then in original MediCARE.
- MA plans are usually more economical than buying a MediGap plan plus a Part D plan. Thus, they are of interest to many individuals.
Another way to lower a Medicare Health plan's monthly premium and limit your cost sharing is to select the Medicare Supplement High Deductible ($2,140 in 2014) option. Together with a Part D plan for medications the monthly cost is lower than some MA plans.
Surveys of people close to 65 tell us more than 50% are confused about Medicare and only about 10% understand Medicare's Part C! I would like to - Ask you to call my Google Voice # (860) 451-9793 today if interested in increasing your understanding.
We can meet for a no cost to you conversation about the value Medicare Supplements in Connecticut or Medicare Advantage Plans in Connecticut can provide. You can also send a note to .
Protect your financial situation when traveling out of the US?
Special travel coverage is needed to protect the investment you made in a vacation or business trip. Plan's include trip cancellation or interruption; lost baggage; medical evacuation; and more. You can review the details and the cost for a Trip Protector plan and enroll online.
Interested in coverage for a short time?
Short Term Medical plans do not cover any previous pre existing conditions but are an effective and economical approach, when protection from unexpected medical situations is only needed for a limited period such as:
- Between jobs?
- Coming off a parents plan!
- When a new employer plan is not effective for a couple months?
You can view various deductible options and costs on the Parker Agency site of HCC Medical Insurance Services. HCC is rated A+ (Superior) by A.M. Best.
You can look here for network providers.
Questions on short term plans? Send a note to .