What is Medicare?
Medicare is to secure your health at the later stage. It will be helpful when you will be in need of money. If you don’t have enough knowledge of Medicare then we will explain you the steps of beginning with Medicare. There are many Medicare supplement plans and Medicare advantage plans which cover different areas of your health and provide different benefits to you. The plans are beneficial for future.
Steps to get started with Medicare
First of all you need to sign up for Medicare. If you are new to Medicare and don’t have any Medicare then you need to check whether you are eligible for Medicare or not. You need to understand about the eligibility of Medicare, you will get Medicare part A or Part B directly or you need to sign up for it and your premium amounts. You don’t get anything for free. You need to spend something to get better returns. You should learn about the different parts of Medicare like the Part A and Part B and the areas that they cover. Then you need to decide whether you need Part B or not. It is not necessary that you will get Medicare automatically; you need to apply for it online.
The next step is to choose your coverage. You have 2 options for Medicare coverage. You can select original Medicare or Medicare advantage plan. Some people also opt for additional coverage like Medicare supplement insurance i.e. Medicare Supplement Plans and Medicare prescription drug coverage. You can learn about the type of Medicare you are interested in. Each type of Medicare has different eligibility and policies for enrollment. If you already have some there insurance then you can learn on how Medicare works with other insurance. If you are retired and have the coverage then you need to understand about the retiree coverage.
The next step is to fill the initial enrollment questionnaire. You will get a mail including the initial enrollment questionnaire which will come to you 3 months before your Medicare coverage begins. It will ask about details of your other health insurance and so the details are to be filled properly so that your bills are paid correctly and on time. The form can also be completed online. Then you should learn about the things that are to be done in first year of your Medicare plan. You can get the details of many plans online and some private companies.