By Michelle Porchia
The time will come when you will become eligible for Medicare. Honestly, it wasn’t something I ever gave much thought to. I just completed the sign-up process for Medicare and various healthcare insurance coverages. I hope to share some information with you that may help you to have a smoother transition into the world of Medicare.
What is Medicare?
“Medicare is a federal health insurance program for those 65 and older…Before turning 65, most people get health insurance through group plans offered by their employer or their spouse’s employer. People who are self-employed or who don’t have health insurance through their job may buy individual policies on their own.”
“When you turn 65, however, you’ll likely be eligible for one of the largest group health plans in the world.”
Medicare consists of several plans or “parts.”
When you become eligible for Medicare, you will be able to choose between:
About 6-12 months before your 65th birthday, you will start receiving information about Medicare supplemental plans, prescription, dental and eye care plans. I was throwing them out. You may want to at least read through them. Many say the same thing; it is more about who has the best cost for a plan.
What I Learned:
Don’t wait until the last minute. I suggest you start researching at least 6 months before your 65th birthday. Mine was all in place by October 1. Even though I found some good premiums, it still blew my budget.
There was so much I didn’t know and discovered I was not alone, which is why I was asked to write this article. I wish you smooth navigation into Medicare.
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