Solving the Medicare Puzzle for YOUR Circumstances
Believe. Medicare has become almost as complex as the IRS tax laws. The right to medical insurance really confuses people in all walks of life.
In fact, senior editor of the American Association of Retired Persons, Patricia Barry, said: “People are totally disconcerted with Medicare.” She should know: research and answer questions about Medicare daily.
A simple question about law can have several answers. For example, this sounds simple enough: “Will you automatically get a notification when it’s time to submit your application?”
The answer: it all depends on your circumstances. Are you charging Social Security rewards or expected? If you are charging, you will be notified that you are eligible to apply for Medicare. Yes, Medicare advantage plans and Social Security are connected, but they have totally different rights!
The main point:
Think of Medicare as a set of rules that you must understand because it is unique. You must apply the rules to suit your own set of circumstances.
Knowing the rules is the key to solving the Medicare puzzle.
The first step: setup
When you start solving a puzzle, you can sort the pieces according to the type of puzzle. Let’s say you choose edge pieces and sort them by color. This is being set up to ease the solution.The first step in solving the Medicare puzzle is to understand the terminology. Look for a resource like medicare.gov which describe Medicare Parts A, B, C, & D and terms like the Medicare Supplement Plan and Advantage Plans. Then your resource must put the term in context using an example.
It is useful for Medicare to use common terms such as co-pay or co-pay, HMO and PPO. If you do not understand the basic terms, try ehealthinsurance.com for a glossary.
As you start to comprehend the terms, you will begin to ask questions based on your own situation. Write them. Otherwise, they will be lost forever.Be careful about the websites of medical insurance and postal mail companies.About one year before many persons become eligible for Medicare, coverage companies send emails, leaflets, and pamphlets claiming to explain Medicare. In my experience, this literature seems to be helpful, but it can further confuse problems by tilting them toward a specific product. And if you haven’t fully investigated your own situation, you don’t know if the advertised product is something you need. An example: Suppose you know that you do not need a Medicare supplement plan because you can utilize your insurance for your spouse together with Medicare. So the literature that announces complementary plans is useless to you, at least right now.