COMMON QUESTIONS WE GET

Does Medicare cover all healthcare/Medical expenses?

Medicare  pays approximately 80% of your bills and whatever is left over is your responsibility to pay. This is commonly known as the ‘gaps’ in Medicare. We will show you how to cover these gaps with Medigap Insurance.

Do I really need Medicare?

Some  folks  continue to work past the normal retirement age of 65. If you have healthcare coverage through your employer you may want to delay your Medicare benefits. When you do retire you have an eight month window to sign up for Medicare. Check with your employer to see if can remain on the group health plan.

How much will Medicare Cost?

 If you have worked 10 years and paid taxes payroll taxes  Medicare Part A is free. The Medicare Part B premium is a little more complicated as it is based on your income. For most people the Part B premium in 2018 is $134 per month.

Am I eligible for Medicare?

If you received a Medicare card in the mail then you are eligible for full or partial Medicare benefits. This depends on whether you are drawing social security benefits or not. If you are still working and approaching age 65 chances are you only have Medicare Part A benefits.

When do I sign up for Medicare?

If you are receiving Social Security retirement benefits, then you will be automatically enrolled in Part A and Part B of Medicare. The effective date will be the first day of the month you turn 65. If not, you must contact Social Security to sign up for Part B. If you are continuing to receive health care insurance through your employer or union in addition to drawing Social Security retirement benefits, then you must inform Medicare to delay your enrollment in Part B.