When you get ready to turn 65 and start Medicare you may feel overwhelmed.You will get more mail about Medicare and your coverage options along with phone calls.People may even knock on your door.
What are your choices? How do you know which choice is right for you?
Let’s start with the basics.You will have original Medicare Parts A and B.This coverage has two large holes in its coverage.No drug coverage and unlimited liability leave you looking for additional coverage.Now that we know that we have a problem, what is the solution?
There are only two different coverage options for Medicare coverage.You can choose between a Medicare Supplement and a Medicare Advantage Plan.
Choosing the right plan for the right reasons is what we at Sun Coast Legacy Advisors help our clients with.
Here are some things that you want to think about when you are turning 65 and picking the right plan for you.Over the next few blog postings we will first be going over the differences between a Medicare Supplement Plan and Medicare Advantage Plan.Then we will cover things that you want to think about when making your choice as far as what plan to go with.
Things to think about are:
- Monthly cost;
- Your doctors;
- Your prescription drug load;
- Your current health;
- Your lifestyle.
Picking the plan that is right for you will go a long way in making sure you have a smooth transition onto Medicare.We often meet with clients that picked the plan their spouse had or their neighbor had, but it was not the right plan for them.
Meeting with one of our agents from Sun Coast Legacy Advisors can help answer any questions you may have.We recommend that if you are getting ready to turn 65 that we get together for our Meet and Greet appointment about 5 to 6 months before you are getting ready to turn 65.We will be able to educate you on your options for coverage and present you with a timeline of key dates and benchmarks leading up to starting Medicare at 65.
Turning 65 can be simple and easy.Sun Coast Legacy Advisors is here to help you through the process.Email or Call to schedule your appointment today.