• Kyla

MEDICARE MINUTE on "Medicare Options"

You have two options for Medicare:


Option 1: Original Medicare (Part A & B) What Original Medicare A & B do not cover you continue to pay and pay when you use the services…there is not stop loss. You can purchase a Med Sup to help pay some of what Part A and B do not cover. Med Sup’s can be purchased as Plan A, B, C, D, F, G, K, L, M, or plan N. The Med Sup plans require a monthly premium in addition to your Part B Premium. You can purchase a stand alone Part D drug plan, with a monthly premium. If you have a Med Sup & a Drug plan you might have to make 2 separate payments for your coverage.


Option 2: MedAdvantage Plan (Part A & B and some include Part D drug plan) MedAdvantage plans include everything Original Medicare offers and can include some other items too such as Vision, Hearing & Basic Dental. You pay one premium for MedAdvantage and Drug plan (if you choose a plan with drug coverage). MedAdvantage plans have a Max Out of Pocket where you do not pay anymore after you reach that limit. The Max Out of Pocket is different for each plan, and each company offers different Max Out of Pocket amounts.


Keep in mind you can only purchase a Med Sup plans to go with Original Medicare. They can not be used with MedAdvantage plans. You must also keep part B premium paid and in place to have a MedAdvantage plan.


Here’s a short video on how Medicare works and some information on Med Sups: CLICK HERE


KylaB@mymgteam.com

0 views

Medicare and You 2021 Handbook, 2021 Medicare and You Booklet, Discounts on Cannabis, Cannabis MedPlan for 60 days $1.00, Cannabis try before you busy $1.00, Discounted recreational cannabis, discounted CBD & THC, CBD & THC Medical Plans,Cannabis Medicare Plans, CBD & THC Medicare plans, CBD & THC discounts, Silver & Fit, Where can I find the 2020 Retirement Tax Guide, Where can I find 2020 Federal Poverty Level, 2020 Tax Brackets, Tax Inflation Adjustments for 2020, 2020 Social Security Schedules, 2020 Capital Gains and Qualified Dividend Rates, 2020 Uniform Lifetime Table, 2020 Federal Estate Gift Generation skipping transfer tax, HSA Amounts for 2020, 2020 Health Savings Amounts, 2020 Retirement Tax Guide Available now. Health Insurance plans and rates book online now, 2020 Marketplace Health Insurance, Medicare, What is Medicare, How does Medicare work, Where do I sign up for Medicare, Do I have to sign up to get Medicare, When does Medicare start, Medicare Broker, Medicare Agent, Medicare Producer, Medicare made easy, Medicare Explained, Medicare basics, Medicare for 65 and over, Medicare Quotes, Medicare Rates, Oregon Medicare, Aliera offers Health Share plans all year long.  Health Share Medical, Health Share Catastrophic plans, Health Share Short Term Medical plans.  Purchase coverage for your health outside Open Enrollment.  Catastrophic coverage, Other health insurance options, health insurance, Medicare options with Aliera  YELP REVIEW, ONESHARE, Our Yelp Page, Read my Medicare Blog, Medicare Made Easy, Medicare for Dummies, Part D Medicare, Medicare Advantage plans explained, How do I apply for MEdicare, How do Medicare Advantage drug plans work, Help with Medica, Disability Insurance in ORegon, Indemnity plans, Gap Plans, Gap Insurance.re and Medicare Advantage plans, Finding a Medicare advantage broker, Medicare Brokers, Medicare where to start, Disability Insurance, Gap Plans, Cancer Insurance, Accident Insurance, Short Stay Plans, Medical Share Plans, Christian Medishare, Agentreview, agentreview.net