benefits
Medicare Transition Services
Discover the bridge to hassle-free healthcare transitions with Medicare Transition services. Seamlessly navigate changes in coverage, providers, and plans while ensuring continuity of care. Experience peace of mind in every step of your healthcare journey.
Turning 65 is a Big Deal
It means you’re eligible for Medicare, even if you choose to keep working after your 65th birthday. As you approach this milestone, it’s smart to consider your health care needs and whether it makes sense to switch from group health coverage to a Medicare plan.
Medicare is confusing! Medicare Transition Services saves you a lot of research and stress. Medicare representatives steer you through all your options and help you decide if changing to a Medicare plan right now is best for you.
What is Medicare
Medicare is a federal health insurance for people 65 or older, some younger people with disabilities and end state renal disease. There are different parts of Medicare to cover specific services.
Parts A & B are provided by the federal government and begin automatically if you take social security benefits upon turning 65. Medicare A & B don’t cover most prescriptions, dental care, eye exams and more. Even if a service is covered with A & B, you still have to pay deductibles and co-insurance with no annual limit on those costs. Medicare Parts C & D is additional covered offered by private insurers to help pay for the costs of healthcare not covered by A & B – even deductibles and co-insurance.
Enrollment
You may enroll during your initial enrollment period – turning 65 and during annual open enrollment in October.
If you don’t enroll during initial enrollment and do not notify Medicare of alternative coverage arrangements (such as an employer plan), you will have to pay a lifetime late enrollment penalty when you do eventualy enroll. Your monthly premium increases 10% for each 12 month period you were eligible for Part B, but didn’t sign up or opt out.
Know your Medicare Alphabet
Did you know...
People in retirement often find that their healthcare needs, and expenses, increase as they age. Additionally, they are surprised to learn that Medicare simply does not cover everything. For these reasons, if your employer health plan offers a Health Savings Account (HSA), it can be a smart way to set aside tax-advantaged money to pay medical expenses that Medicare will not cover.
Related Content
Looking for assistance with your healthcare? We're here for you.
From guidance in choosing the best options for you, what resources are available to understanding how the plans work. The information you need is at your fingertips.
Your HR Team
Melissa Lizotte
Cameron Hum
Cheryl Boccadoro
Lisa McCann
Dana Maletzke
Janice Rogers
Melissa Lizotte
Meaghan Conway Jurczak
Visit Online
Or call to speak with a licensed Medicare Representative
1-833-802-1071
Money Saving Tips
To stretch your health care dollars, remember to:
Avoid Tax Penalties – If you are deferring enrollment in medical because you are on an employer sponsored plan, notify social security and Medicare during your enrollment period.
Research – Medicare is complicated. Make sure you understand your options and what is best for your situation. Contacting Medicare Transition Services can save you a lot of time and stress.
Medicare Supplement Plan – May be a better alternative to a Medicare Advantage plan if you want help paying for a portion of costs not covered by Medicare A & B, even deductibles and co-insurance and you want to keep out-of-pocket costs to a minimum.