Many people's first contact with Medicare is assisting their parents in navigating the system. Medicare's annual open enrollment period is approaching. Now is the moment to educate yourself about the possibilities and decisions that your parents must make. For coverage in 2021, open enrollment runs from October 15 to December 7.
Although government insurance can be perplexing at first, there are several steps you can take to ensure that your parents receive the coverage that best meets their needs.
There is numerous information of about sources accessible. Going straight to the source on their official website might assist you to comprehend the choices your parents must make during open enrollment. This is the time for your parents to compare plans, shop, and enroll in a plan for the next year.
Going with Traditional Medicare is usually not the best option; nevertheless, Medicare Advantage programs have benefits.
Change from an Advantage plan that doesn't include drug coverage to one that does, or vice versa.
Enroll in a Medicare prescription drug plan or drop coverage altogether.
Change from one prescription drug plan to another
Switch from Original Medicare to a Medicare Advantage plan or the other way around.
Change your Advantage plans
The majority of people your parents' age have a long-term doctor they entrust with their health.
If your parents have a long-term relationship with a physician, it's critical that they double-check that their doctor participates in the plan they select. If not, find a plan that does. Alternatively, they should check to see if there is a physician in the network with whom they are comfortable.
You should ask your parents some questions about the type of coverage they require depending on their current health situation.
Do they have any medical issues that necessitate disease management?
Do they desire dental, vision, hearing, or well-being benefits?
Do they require coverage for prescription drugs?
How much money do they have?
Look for any gaps in coverage for your parents' ongoing chronic disease management or pricey medications.
Take advantage of free official information guides, such as the Official United States Government Medicare Handbook, when conducting your study.
In addition, in unusual cases, a skilled health insurance specialist can be really helpful. Just be wary of any potential for sales bias or Medicare scam.
The good news is that every state has a government-funded resource. The Senior Health Insurance Program (SHIP) provides free health insurance counseling to Medicare seniors and their caregivers across the country. SHIP offers confidential, one-on-one counseling and support.
It will take time and effort to manage your parents' insurance coverage, but it is a critical period in their life. Their health-care coverage choices now and in the future may have an impact on their health and financial security.
Start the dialogue with them today, and encourage them to select the coverage that will be most beneficial to them in the present and future.
Medicare is covered only by home health care services prescribed by a physician and delivered by qualified nurses, although patients must meet strict eligibility criteria.
What is the easiest way to apply for Medicare? Well, you are in the right place! Most people were automatically enrolled and became eligible for Social Security when they turn to 65. We didn't need to apply for Medicare until President Reagan signed the legislation which raises the retirement age in 1983 and begins in 2003.
While eye care is a common need as we age, Medicare coverage is extremely restricted for most vision services. It is normally based on whether you encounter any medical problems that can impair your eyesight.
Many people believe that Medicare is free because, for much of their working life, you have paid into Medicare by taxes, but that assumption is not right.
Often, Medicare premiums come as a shock to new Medicare recipients. You may have noticed that the federal government has been deducting taxes for years from your paychecks. And yes, these deductions go into paying your future payments for Medicare Part A as well as your income checks from Social Security.