2018 Medicare Open Enrollment Buffalo NY

Medicare Buffalo NY Open Enrollment Periods

The Open Enrollment period for 2018 Medicare Insurance: October 15, 2017 through December 7, 2017. If you apply on time a January 1 2018 coverage is guaranteed. 

 

2018 Medicare Buffalo NY Costs Part A & Part B

One of the tough choices for people turning 65 can be both important and expensive. For most people, turning 65 means they have an important and expensive decision to make. 

Should you buy Medicare Part B coverage?

Part A you get free, for paying into Social Security. Part B is the one that includes doctors’ expenses. And it’s not free and it’s not cheap. But it can be an expensive mistake not to have it if it turns out you desperately need it someday. 

If you buy it, you will pay a lot in monthly premiums. If you don’t buy it and need it, you can be out of pocket thousands of dollars.

Medicare Part A is free to those with enough quarters.

A person being admitted to the Hospital with Medicare Part A only would be responsible for a Part A deductible of $1,316 per benefit period.

Upon day 61 they begin paying $329 per day through day 90. Charges continue beyond this when a person enters lifetime reserve days in in day 91 at a rate of $65 per day through day 150 if the benefit remains. This is just the beginning of Part A cost-sharing.

You may apply for Part A and B three months before your 65th birthday, the month you are 65 and three months after you turn 65. You can apply at any convenient Social Security District Office.

Everyone on Social Security must take Medicare Part A, which covers hospital visits. Part B, which pays doctor bills, is voluntary but 99 percent of people take it. Part B also has co-pays and deductibles that come out of pocket. However, individuals can go into the private market to buy Medicare gap coverage, which pays the deductibles and co-pays.

A list of offices is at www.ssa.gov. You may also apply online at www.medicare.gov, which is easier.

What are the Main Benefits of Medicare Supplement Insurance?

There are so many benefits of Medicare supplement coverage.

When compared to not having additional coverage at all, it’s the perfect way to reduce your costs and to fill in some of the gaps that are left behind by Medicare, which certainly doesn’t cover everything.

When compared to even the best of Medicare Advantage plans, you have the advantage of not having to be restricted to a network and not having to go through the hassle of getting referrals. 

Medicare Supplement Insurance helps share your health care costs.

If you are 65 years of age or older, you are entitled to Medicare, the nation’s largest health insurance program.

Because Medicare is a compromise between what is needed and what the government can afford to pay, there are obvious gaps in coverage.

That is why a Medicare Supplement Insurance plan is important.

 

How do I sign up for Medicare Supplement Insurance in Buffalo NY?

To learn more about the Medicare Supplement Insurance in Buffalo NY plans available  contact one of our agents today!

Call us 716-565-1300

If you have questions about Medicare in Buffalo NY Call us at 716-565-1300 or EMAIL US AT INFO@MINTCOFINANCIAL.COM

Email us at for a free quote info@mintcofinancial.com