Top 4 Medicare FAQs
Whether you’re first looking into Medicare, or have been enrolled for several years, these are the most frequently asked questions people have:
1) When can I enroll in Medicare?
Your Initial Enrollment Period, or IEP, begins three months before the month of your 65th birthday and extends to three months after your birthday month (for a total of a seven-month timespan).
2) When can I change my Medicare Supplement (Medigap) plan?
Medicare Supplement plans can be changed any time of the year. You do not have to wait until the Medicare Open Enrollment Period. When switching Medicare Supplements, you may need to complete a health questionnaire.
3) Does it cost money to have someone review my Medicare coverage or help me enroll?
NO WAY! Consultations, help with enrollment, and yearly reviews are all complimentary services that Senior Benefit Group provides. Also, it costs the same to go through a broker as it does to sign up with a company directly. So why not have a personal representative to keep you updated when new changes happen?
4) Original Medicare vs. Medigap coverage: What’s the difference?
Original Medicare is health insurance through the government that covers you in certain areas of inpatient and outpatient care. Because original Medicare does not cover everything, Medigap insurance, or Medicare Supplements, may be purchased via a private insurance company to “cover these gaps.”