GOLDEN VALLEY, Minn. - Justin Halverson from Great Waters Financial guides us through what's new for Medicare for 2019.
Important dates:
Medicare Open Enrollment for 2019 coverage
October 15th - December 7th
Medicare Advantage Open Enrollment for July 2019 coverage
January 1st - March 31st
The basics: Medicare is a federal health insurance program for those who are 65 or older. You can enroll in Medicare Parts A & B, which cover Hospital and Medical insurance respectively.
Medicare Part D covers prescription drugs and can be added on to Medicare Parts A & B.
Or you can enroll in Medicare Part C, better known as Medicare Advantage. These plans offer the same coverage as Medicare Parts A & B plus benefits like private fee-for-service plans or special needs plans. Medicare Advantage Plans usually include prescription drug coverage.
You can get start mapping out your plan and get a rough cost estimate with the Medicare Plan Finder at Great Waters Financial