Do you know all of your Medicare options?

Depending on your location, age, and current coverage, there are many options that may be available to you! Let’s break it down into 4 main options:
  • Original Medicare:

    Original Medicare is a combination of Part A Hospital insurance and Part B Medical insurance which covers doctors and lab tests. To qualify for Original Medicare, you must be 65 years old or under 65 with two years of disability benefits.

    • Part A is usually no cost to you
    • There is a premium for Part B
    • Part B is optional coverage
      • You may have to pay a penalty if you don’t sign up when you’re first eligible

  • Medicare Part D

    Medicare Part D is prescription drug coverage offered by private companies approved by Medicare.

    • You must have Medicare Part A or Part B Medicare insurance coverage to have Medicare Part D
    • The drug plans have a monthly premium that can vary in cost and may or may not have a deductible.

  • Medicare Advantage Plans

    Medicare Advantage Plans are managed health care plans approved by Medicare and offered by private companies. This option is referred to as Medicare Part C. With a Medicare Advantage Plan you will have all your Medicare Part A and B benefits, plus some plans offer additional coverage for prescription drugs, dental, vision, and hearing.

    • There may be extra cost for Medicare Advantage plans since you must still pay the Medicare Part B premium
    • You may also have a monthly premium for the plan.
    • Some people may qualify for a Medicare Advantage Special Needs Plan if they live in a nursing home, or have certain medical conditions
      • All special needs plans provide Medicare prescription drug coverage.


  • When does my Medicare enrollment start?

    • You can sign up for Medicare during the three months before you turn 65, the month of your 65th birthday, and during the 3 months after you turn 65.
    • If you are under 65 and have received 24 months of disability benefits, you will be enrolled in Medicare in month 25.
    • Once you are eligible for Medicare, you can decide which option works best for you.
    • Each year, from October 15th through December 7th, you’ll have the opportunity to review your choices and make changes.