Understanding the Medicare system can help participants select plans and supplements that suit their needs. The first thing to be aware of is the annual open enrollment period. Participants can enroll in Medicare, add plans, or make changes to their supplements, between October 15 and December 7 of every year. After that period, any changes will incur penalties. The next thing to realize is that Medicare does not cover all medical expenses. Deductibles, co-pays, some medications, durable equipment, and some treatments are not covered.
There are several supplements that people can add to their Medicare insurance to cover those expenses. An independent insurance agency, such as Stone Insurance Agency Inc., for example, can provide information regarding added coverage, explain which plan covers what expenses, and discuss the costs of plans.
Medicare Advantage in Macon GA refers to plans that save people money because medical procedures and prescription drugs are covered in one plan. Some supplemental plans only cover medical procedures or drugs, but not both. That means people have to pay for two separate plans, rather than get the same amount of coverage with one plan. Other supplements offered are referred to as a Part, such as Medicare supplement Part D, or Part A, or Part F. Each Part covers a different aspect of health care that is not covered by Medicare.
Long-term nursing home care, for example, is not covered by Medicare. There is a limited to how many days a year Medicare will pay for nursing home care. People who anticipate the need for long-term care then would purchase the supplement that covers long-term care indefinitely. Those with a number of prescriptions each month would do better to have a supplement that covers co-payments for medications. The whole process can get confusing, many people do not know which supplements to choose, and many cannot afford certain supplements.
That is another reason why Medicare Advantage in Macon GA is the best choice for some people. The cost is less, but the coverage includes more benefits than individual supplements. Some plans are available to cover individual needs, and some cover the needs of spouses, which also helps with cost. People are facing open enrollment, getting the near the age of eligibility, or trying to plan for future needs, can Click here for more information, or to set up an appointment for a consultation with an independent insurance agent.
