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 Medicare coverage that fits your needs.
What Is Medicare?
Medicare is a federal health insurance program designed to help certain individuals access healthcare. It provides coverage for:
- People aged 65 or older
- People under 65 with qualifying disabilities
- Individuals with End-Stage Renal Disease (ESRD) or ALS
There are four main parts of Medicare:
- Part A (Hospital Insurance): Covers hospital stays, skilled nursing facilities, and some home health care.
- Part B (Medical Insurance): Covers doctor visits, outpatient care, preventive services, and more.
- Part C (Medicare Advantage): Plans offered by private insurers that include Part A and Part B, and may include extra benefits like dental, vision, hearing, or fitness programs (availability varies by carrier and location).
- 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
- 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 certain life events, like losing employer coverage or moving to a new service area.
Medicare Late Enrollment Penalties
- 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 and clear:
We compare plan options from multiple insurance companies
We verify if your doctors and medications are covered
We check if you qualify for financial assistance
We assist with your enrollment step by step
Call us today for a free consultation, with no obligation to enroll, and let our licensed insurance agents guide you.
Note: The information provided on this page is for educational purposes only and is not a substitute for personalized advice. Coverage, costs, and benefits vary by plan and location. Always review plan details and consult your plan provider or licensed insurance agent before enrolling.