Are You Ready For Open Enrollment?
Did you know that open enrollment for Medicare supplemental insurance coverage is right around the corner? Perhaps you aren’t even aware of what this means for you if you are about to turn 65. Let’s shed some light on this so that you could be armed with information when November rolls around and you have the opportunity to get Medicare gap insurance. First of all, when someone is approaching the age of 65 they will begin receiving information regarding their traditional Medicare benefits and coverage. In addition to that they should also be receiving information from Medicare supplement providers. Let’s hope these mailings is not making it into the trashcan, there is valuable information provided so that you can take a look at what’s available to you before you even talk to an insurance agent.
On the first day of the month that you turn 65 you are automatically enrolled in traditional Medicare part A regardless if you are still employed. If you are still employed you have the option into your insurance coverage through your place of employment and get Medicare part B. Medicare part A is available to you at no cost, whereas Medicare part B comes with small monthly premium. Once you are enrolled in both of the traditional Medicare programs you are eligible to enroll in Medicare gap insurance, otherwise known as Medicare supplemental insurance. This supplemental insurance is designed to take up where traditional Medicare leaves off. There are several plans available to you depending on the condition of your health and weight your financial circumstances are. They have designed this coverage so that you can apply six months in advance so that on the first day of the month that you turn 65 this coverage will be in place. You also have the option to choose a different effective date if you have coverage with another company that you need to cancel.
Most of the major insurance carriers offer Medigap insurance. Regardless of which carrier you choose to go with all of the plans are exactly the same, the only difference will be the premiums you are charged. United health care Medicare supplement plans could be quite cost effective for you because of the large network that they have. You can go online and do the research yourself and fill out an application and submit an e-signature and take care of everything electronically or you can call 1-800-MEDIGAP and speak to any one of the insurance experts regarding Medicare supplements and they will be able to walk you through the process to get the best coverage available to you at the best premium that will fit your budget. This is something you cannot afford to procrastinate about. Pick up the phone and make the call today so you will have the coverage in place should the time come and you need medical attention.
1-800-MEDIGAP