Frequently asked Questions
How do I pay my Part D Drug Plan Premium?
-Taken out of SS Check (recommended if drawing SS)
-Pay annually via mailing a check to the company ($9.60 premium X 12 = $115.20)
-Set up automatic bank draft with insurance company
Are supplement premiums higher going through a broker?
No, Premiums are the same whether you use an independent broker or get your policy directly through the insurance company.
How will my prescriptions be covered?
Advantage pans usually have Part D drug coverage included, while Supplement plans only cover Medicare Part A and B services. Clients with Original Medicare and a Supplement Plan must add a stand alone Part D Drug plan for drug coverage. Each plan covers prescriptions differently.
Will my Medicare Supplement Plan cover dental & vision?
No, Medicare Supplement policies (Medigap) only cover what Original Medicare A and B approve, which does not include dental & vision. The only procedures covered under Medicare A and B related to dental/vision are those that would be deemed "medical" and "medically necessary" or approved by Original Medicare A & B. You can add a separate stand alone dental vision policy to go with your Supplement Plan and stand alone Part D plan.
What do I do about Medicare if I work past age 65?
Compare. Sit down with us and do a cost benefit analysis of employer coverage vs. Medicare options
If you plan to work past 65, you may be able to delay enrolling in Medicare. Or, you may have to enroll during your Initial Enrollment Period in Parts A, B and D if you want to avoid late penalties. It will depend on your employer and if your employer coverage is creditable.
Some people who can delay Medicare still choose to enroll in just Part A when they turn 65 in addition to their employer coverage. Part A is premium free if you or your spouse worked and paid Medicare taxes for at least 10 years. Note though, if you do get Part A, you can no longer contribute to your HSA.
What’s the difference between a Medicare Advantage HMO and PPO?
A Medicare Advantage HMO plan usually helps pay only for care you receive from providers in the plan network. A PPO plan will generally help pay for care received outside the plan network, but it may pay less than for the same care received within the network. HMO's generally have lower out of pocket costs than PPO's.
Is there a fee for your services?
No. Our services don't cost you a penny. We get paid by the insurance companies. It costs you the same whether you go directly through the insurance carrier or through a.broker with all the options.