Separating yourself from your old employer's health insurance and transitioning to Medicare insurance for your basic insurance can be exhausting. They may not be familiar with how it works. or you do not understand how your new reporting will work. This transition process can be seamless if you know the right steps. However, in 2020, New Medicare beneficiaries will need to consider some important changes in 2020.
New to Medicare – 2020
When you celebrate your 65th birthday in 19459009 2020, greet Medicare! The flood of information can be confusing and Medicare is constantly changing and updating its policies.
If you do not already know Medicare, you need to know a breakdown of the basics. You should prepare for the change about 6 months before your 65th birthday. This includes knowing how and when to sign up for Medicare.
Registration with Medicare
New Medicare beneficiaries will be granted a seven-month registration period for Medicare. This window is your first filing period for Medicare (IEP). Your IEP is specific to your birthday month. This period always begins 3 months before your birthday, the month of and ends 3 months after your 65th year. During your IEP, you can sign up for Medicare Part A and Part B. You can also sign up for Medicare Part D as a prescription drug coverage at this time.
Medicare offers 3 ways to register.
First, is the most popular and convenient option online. You can visit Medicare's website at any time and complete an application form.
The second opportunity to apply for Medicare is in person at your local Social Security office. To avoid waiting times, call ahead and make an appointment.
Last, you can call the Social Security Office and request an application by phone. The Social Security Administration will send you an application via the US Postal Service.
Annual Election Period
Each year, Medicare holds an annual legislative period (AEP) in the fall. The data range from October 1
If you know these rules for signing up, you can sign up at the right times to avoid penalties for late signups. In addition, this information will help you choose the correct coverage option.
If you need additional information or have questions, working with a Medicare representative can certainly help. Agents help you compare plans for you and make sure you choose the best plan for your medical needs.
First Dollar Coverage Plans for 2020
Medicare will make some changes from January 1, 2020 ]. Congress hopes that patients who demand a deductible of part B from all Medicare beneficiaries will no longer go to the doctor for every minor illness.
Supplementary plans C and F both cover the deductible of Part B, so that the changes concern only those plans. Members who sign up on or after January 1, 2020 can no longer sign up for Medigap Plan C or F.
All other Medigap plans can be purchased. If the enrollment for Plan C or F was before 31/12/2013, Medicare has "done grandfather work" in these beneficiaries. Their coverage will not change as they can maintain their plan as it is. This change only affects people who turn 65 on or after 1.1.2020.
Although this change eliminates some plan options, hope is not lost. The Medicare Supplement Plan G is identical to Plan F except for a small difference; the Part B deductible of $ 185 in 2019.