Are you turning 65 soon or wondering if you qualify for Medicare? Understanding this program can be confusing, but making the right choices is essential for protecting your health and your wallet.
At CoverCare Insurance Inc, we simplify the process so you can make confident decisions and choose the best plan for your needs
What Is Medicare?
Medicare is a federal health insurance program designed to help certain individuals access affordable healthcare. It provides coverage for:
- People aged 65 or older
- People under 65 with qualifying disabilities
- Individuals with End-Stage Renal Disease (ESRD)
There are four main parts of Medicare:
- Part A (Hospital Insurance): Covers hospital stays, nursing facilities, and some home health care.
- Part B (Medical Insurance): Covers doctor visits, outpatient care, preventive services, and more.
- Part C (Medicare Advantage): Private plans that combine A and B, often adding extra benefits like dental, vision, hearing, and fitness programs.
- Part D (Prescription Drug Coverage): Helps cover the cost of medications.
Who Qualifies for Medicare?
You may qualify for Medicare if you meet any of the following:
- You’re 65 years or older and a U.S. citizen or permanent resident.
- You’re under 65 but have received Social Security Disability Insurance (SSDI) for at least 24 months.
- You’ve been diagnosed with End-Stage Renal Disease or ALS (Lou Gehrig’s disease).
Enrollment Periods You Shouldn’t Miss!
Here are the key enrollment periods:
- Initial Enrollment Period (IEP):
Starts 3 months before your 65th birthday, includes your birthday month, and lasts 3 months after. - Annual Enrollment Period (AEP):
October 15 – December 7 every year. You can join, switch, or drop plans. - General Enrollment Period (GEP):
January 1 – March 31, if you missed your IEP. - Special Enrollment Periods (SEP):
For special situations, like losing employer coverage or moving to a new state.
Medicare Late Enrollment Penalties
Missing enrollment deadlines can cost you hundreds of dollars over time.
Part A Penalty:
If you don’t qualify for free Part A, your premium increases 10% for twice the number of years you delayed.
Part B Penalty:
For every 12 months you delay, your premium goes up 10% — permanently.
Part D Penalty:
If you don’t get drug coverage when first eligible, you’ll pay 1% extra per month without coverage.
How CoverCare Insurance Inc Can Help You?!
Choosing a Medicare plan doesn’t have to be stressful — we make it simple, clear
- ✅ We compare plans from top providers
- ✅ We verify if your doctors and medications are covered
- ✅ We check if you qualify for financial assistance
- ✅ We handle your enrollment fast and hassle-free
📞 Call us today make a free consultation and let our licensed agents guide you step by step.
Don’t risk penalties or miss out on the best Medicare benefits available to you.
Contact CoverCare Insurance Inc today and let us help you find the perfect plan.