

How Do I Know If Part D is Right For Me?
Medicare is divided up into four different parts. This allows beneficiaries to select the parts that align
Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and those with end-stage renal disease.Â
If you’ll be turning 65 soon, you have some important healthcare decisions to make.
Medicare Supplements are used to cover most, if not all, of the remaining medical costs that Original Medicare does not pay. There are 10 different plans to choose from, each one offering a certain list of benefits
Medicare is a national health insurance program for folks who are 65 or older, certain younger people with disabilities, and those with end-stage renal disease.
If you’re turning 65 soon, you’ll have some critical healthcare decisions to make.
Medicare Part D provides prescription drug coverage. Insurance companies offer this benefit either as an independent plan or beneficiaries can select a Medicare Advantage plan that also includes prescription drug coverage.
Original Medicare covers dental, vision, and hearing only when it is linked with inpatient or outpatient medical needs. We’ll explain what Medicare covers and what you’ll have to buy additional coverage for, should you need it. If you need additional coverage, we can help!
Long-term care (LTC) insurance pays for help with simple activities like bathing, eating, and dressing. It covers expenses that Medicare and health insurance don’t pay for.
Despite what your presumptions may be, long-term care needs aren’t restricted to senior citizens. Approximately 37% of long-term care services are given to people under 65.
Regardless of who you are, life insurance must be a part of your plan. Insurance coverage keeps your loved ones from incurring your debts, should something happen to you. Plus, it can help protect your business, provide for your kids, supplement your retirement, and give you peace of mind.
Annuities are investment products issued by insurance companies. They pay a guaranteed income for a period of years or for life. To purchase an annuity policy, you can make a single payment or a series of payments.
We are always here for our clients, and we’re ready to answer any questions you may have.
For more information or to schedule an appointment, contact us today!
Phone: 830-217-6711
Email: ron@t65s.com
Address:
1619 E Common St Suite 701
New Braunfels, TX 78130
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Monday       9 AM to 4 PM
Tuesday       9 AM to 4 PM
Wednesday    9 AM to 4 PM
Thursday       9 AM to 4 PM
Friday        9 AM to 11 AM
When you need financial advice, you can rely on the experts at Turning 65 Solutions. Our financial planning blog covers an array of topics, from retirement planning tips to the latest Medicare news. Read, learn, and stay informed as you plan for the future and live your best life.
Medicare is divided up into four different parts. This allows beneficiaries to select the parts that align
Medicare Supplement plans, aka Medigap, are policies that help pay for things like your deductibles and coinsurance. These are called excess charges, which are left over by Medicare.
Medicare Supplement or Medigap plans are sold by private insurers that are licensed to sell Medicare plans. These insurance policies help you pay for out-of-pocket expenses for services covered under Original Medicare. The costs include:
Some Medicare Supplement Insurance plans also include coverage for medical services while you are traveling outside of the country.
The different Medicare Supplement plans are marked with a different letter from A to N. While Medicare Supplements include different benefits, each plan is required to have the same standardized coverage regardless of which insurance company you choose. Â
Some people like a plan that covers everything so they can avoid the hassle of out-of-pocket expenses. Others desire some of their deductibles and copays handled but are mostly concerned about low premiums. The choice is totally up to you.
Medicare Supplement Plan F features the highest level of coverage. Plan F handles all of your cost-sharing on covered services so you have zero out-of-pocket expenses. Â
The second-best, in terms of coverage, is Medicare Supplement Plan G. It does not cover the Part B deductible, which you will pay once a year. But it keeps your Medigap premium lower and could save you some money over time.Â
When you have Medicare Part B, you have a six month period to enroll in a Medigap plan with no health questions. This one-time open enrollment is special because during it, you cannot be declined for a health condition, you cannot be asked medical questions, and you cannot be charged an extra premium for health reasons.
As soon as this one-time enrollment ends, however, insurers can begin to say no based on your health. Open enrollment, therefore, is a critical time to remember.
For all your Medigap questions, give us a call at 830-217-6711.
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