10 key things you should know about Medicare – Residents of Redlands, Yucaipa, Banning, Beaumont

10 key things you should know about Medicare

  1. There are two ways to get Original Medicare (Part A and Part B).

    ChooseOriginal Medicare on its own, with the option to add Medicare Part D prescription drug coverage and/or Medicare Supplement Insurance (Medigap) for more complete coverage. Or choose a MedicareAdvantage (Medicare Part C) plan that bundles Original Medicare with extra benefits and may include prescription drug coverage in one plan. Once you’ve made this decision, it’s time to compare plans and pricing, and make a selection that meets your needs.

  2. Medicare Prescription Drug coverage is available.

    Original Medicare doesn’t include prescription drug coverage. That’s where Medicare Part D comes in. You can add Medicare Part D prescription drug coverage as a standalone plan or, depending on where you live, choose a Medicare Advantage plan that includes prescription drug coverage.

    Important: If you don’t sign up for a plan with Part D prescription drug coverage as soon as you become eligible for Medicare, you may pay a penalty on your premium unless you qualify for an exception or have other creditable coverage.

  3. You’ll pay a share of the cost of Medicare.

    Medicare helps you get the health care you need, but you’ll still be expected to pay a share of the cost. You’ve already contributed to Medicare by paying taxes while you worked. Now that you’re starting to use your Medicare benefits, you’ll pay for a share of the care you receive through monthly premiums, co-pays or coinsurance.

  4. Your share of the Medicare costs may be larger than you expect.

    There are some expenses Original Medicare doesn’t cover. Many people who choose Original Medicare add extra coverage, a Medicare Supplement Insurance plan, to help fill in those gaps. Another alternative is to choose a Medicare Advantage plan, which can also help with some of these expenses.

  5. Where you live makes a difference.

    Original Medicare is the same across the United States. But other parts of Medicare (Medicare Advantage and Medicare Part D) are offered by private insurance companies and may be available only in specific counties, states or regions, and not in others—although you may also find Medicare Advantage and Medicare Part D plans that offer nationwide coverage. Medicare Supplement Insurance plans are offered by private insurance companies. These plans may offer nationwide coverage and are available by state.

  6. Original Medicare doesn’t cover all your expenses.

    You’ll find that each part of Medicare has things it doesn’t cover. Find more coverage information on the Understanding Medicare page.

  7. Start by looking at the health insurance coverage you have now.

    Considering your or your loved one’s current health coverage can help you decide what you want in a Medicare plan. For example, if you have group coverage from your current job, or retiree insurance from a former employer, you’ll want to see how this coverage works with Medicare. Ask your benefits administrator for advice on next steps based on your individual situation.


  8. Timing matters when you’re choosing Medicare coverage

    Your Medicare Initial Enrollment Period (IEP) begins three months before your 65th birth month or when you become eligible for Original Medicare due to disability. If you wait until after your IEP to join, you may find you’ll pay more and have fewer choices.

  9. It’s a good idea to review your health care needs once a year.

    Once you choose your Medicare coverage, you’re not locked into that choice. You’ll have the chance to change your choices during the Annual Enrollment Period (AEP) (October 15 through December 7) each year. That’s why it makes sense to check your coverage every year to see if it still fits your needs.

  10. Don’t be afraid to ask for help with Medicare.

    There’s help available for everyone making Medicare choices. And there are financial assistance programs to help with the cost of Medicare for people with limited income and assets. Choosing your Medicare plan is an important decision. Asking an expert will help you know that you’ve made the right one.

Medicare Made Clear

For more information call 909-790-7748 or visit our website at www.Turning65-NewtoMedicare.com

It’s time to review your Medicare plans. – Redlands CA, Yucaipa CA, Banning CA

You can make changes to your Medicare plans between October 15 and December 7, making this the perfect time to review what you need and what’s available.

Call us at 909-790-7748 and we will walk you through it step by step. Visit our website for more information at www.turning65-newtomedicare.com

What is Medigap Insurance?

Medigap Insurance or Medicare Supplemental Insurance is supplemental health insurance offered by private insurance companies to help Medicare beneficiaries offset gaps in coverage provided by Medicare.

Medigap plans help cover co-payments, premiums and deductibles for
Medicare insurance. For instance, under Medicare Part A, a beneficiary is responsible for co-payments for hospital stays in excess of 60 days (depending on length of stay) and, depending on the Medigap policy, these costs can be paid by a Medigap plan.


If you or someone in your family is 65 or older and is in need of a Medicare Supplemental Plan or already has a plan, but wants to make sure that it is the right plan please give us a call or go to our website www.Turning65-NewToMedicare.com and we will give you a quote and help you keep money in your pocket. 

The Litchfield Agency – Insurance License: 0B56846
George Litchfield – 909-790-7748