Medicare’s Open Enrollment Period began last Sunday. For those that are unsure of some of the aspects, here are some helpful reminders.
Medicare is for ages 65 and older and qualified individuals can receive coverage as early as the month of their 65th birthday. Medicare is broken into four parts. Part A covers hospital insurance, which can include the following: inpatient stays at medical facilities, hospice care, home health care and nursing home care. Part B is medical insurance, which provides for items and services such as: physical therapy, physician services, durable medical equipment, and other medical services such as lab tests and a variety of health screenings. Part C includes parts A and B, and can also include prescription drug coverage and vision and dental benefits. Part D also covers prescription drug medications.
In addition to the Open Enrollment plan, GCSB Investment Center Financial Advisor Kristen Crouthamel describes the disenrollment period. “If you joined a Part C plan late this year, and then next year between January 1st and February 14th you decide you wanted to leave it, you have that window of time to do so and go back to your original A & B with a stand alone Part D coverage.”
At the bottom are some helpful links and contact information. You can also listen to Crouthamel on today’s Let’s Talk Guthrie County Program.
http://www.investgcsb.com/news.cfm/Article/News/Medicare-Enrollment-Options-for-2017_18
Kristen Crouthamel: (641)-755-2799