I read an informative AARP Bulletin article by Patricia Barry and I thought I’d share the top 10 Medicare mistakes they mentioned to be aware of:
- Assuming you don't qualify if you haven't worked long enough
- Failing to enroll in Part B when you should
- Believing you don't need Medicare Part B if you have retiree or COBRA health coverage
- Thinking you must reach full retirement age before signing up
- Not signing up for Part D because you don't take any prescription drugs
- Misunderstanding enrollment periods
- Picking a Part D drug plan on the basis of its premium or its name or because your best friend chose it
- Being too late to buy medigap with full protections
- Failing to read your Annual Notice of Change
- Not realizing that you may qualify for help to lower your costs
However for more information on each of the bullet points above, read the entire article by clicking the web link below:
http://www.aarp.org/health/health-insurance/info-2014/medicare-mistakes-to-avoid.html
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Click on link below for another related blog post:
Medicare Enrollment Mistakes Can Be Costly
Note: Medicare Insurance information can be overwhelming and confusing to many people. As an independent licensed agent I can explain things to you in simple terms so you feel comfortable making a decision. Then I can help you choose and enroll in a plan that you feel fits your needs.
By the way, it doesn’t cost you any more if you enroll in a Medicare Insurance plan through me as an independent agent versus directly with an insurance company either over the phone or via the Internet, since I get paid by the insurance companies for your enrollment. Plus you will have personalized service by a local agent. If you would like my assistance, please call me at 941-404-5334.
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