Medicare Enrollment 2017 – Questions and Answers

Medicare Enrollment Requirements & Rules

The number sits at 55+ million for beneficiaries with Medicare coverage.

Many citizens are still lagging behind or might want to change their plan. To ensure the right decision is made, it becomes pertinent to know what to do. There are several steps a person has to complete before having a set plan ready for their needs.

Let’s take a look at the most important steps one requires when it comes to getting high-quality coverage.

1) Find Out Eligibility And Sign Up

Before doing anything else, it is recommended to read through all pertinent information. There is a lot to catch up on and being aware of these details is necessary. Those who wing it will end up with an inferior plan that doesn’t suit their needs or wants.

Go through all of this information and make sure it is understood (including terminology).

Once this information has been processed, it is time to move onto figuring out if one is eligible. It is a simple process and won’t take long at all.

After this is completed and you’re found eligible, it’s time to sign up. This is just to have your name under “Medicare.” The selection will be made afterward.

Many people prefer to start the process by working with an insurance broker. Determine if you received your Annual Notice of Change so that you can bring it to the meeting.

Your Recommended Agent is Greg from BGA Insurance Group

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Greg Gudis – Licensed agent ready to assist you during the enrollment period in October 2016. Please fill out the form below to send your information to Greg so that he can contact you with the best advice and plan information for your current situation. He can also provide expert advice on retirement planning, life insurance, and long-term care.

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2) Compare Plans

You’re going to have a few options during this step. It’s recommended to take your time and show patience as it’ll lead to a good selection on your part.

Before doing anything else, it’s time to decide what path to take. Do you wish to do it on your own? Do you want to seek out assistance from an insurance broker? It’s recommended to speak with a broker as they’ll have a connection to all agencies reducing the time taken to sign up.

They’ll already understand the nuances, which will cut into the time you take to find a good plan.

When you’ve made a decision, it’s time to take a look at all of the plans. If you’re doing it alone, you’ll have to seek out various agencies or head to a state-based marketplace (each state has one) and go through all of the options. If desired, a person can also choose from private entities.

An insurance broker can be helpful here as they already have a connection to these networks and will match up each client based on their requirements. There are many different Medicare supplemental plans New Jersey residents can choose from, so make sure you ask your broker what is best for you.

3) Ask Questions or fill out a Medicare Enrollment Questionnaire

Your research does not end in the beginning. It’s an ongoing process where you are accumulating as much information as possible. This also includes understanding what agencies have to provide with their offerings. Each agency is going to have something unique to offer.

You want to go through these details and find something that’ll fit under your requirements both medically and financially.

Until this happens, you don’t need to move onto the next step. As long as you beat the deadline, you’ll have enough time to process what is being put in front of you and comparing choices as well. This might be one of the most important steps to getting your coverage.

4) Select Planpennsauken-nj-medicare-agent

The final step and the most important one is to select a plan. Which direction do you want to go in? Which plan best fits your needs? This is an important step as all of the “homework” you’ve done is going to end here.

When selecting a plan, think about the following items of concern:

1) What are the long-term prospects of this plan?
2) How much will you be paying (i.e. deductible)?
3) How much are you saving compared to other options?

Go through all of this information and have it written down to get a better look. Once you’ve done this, a great decision can be made with all of the prerequisites taken care of.

It’s not impossible to go through these steps and find a high-grade plan. There is a good fit for everyone as long as the steps are taken seriously and a person doesn’t rush along the way. Those who rush will end up making the wrong selection or putting it all up to luck.

Be smart and make sure Medicare enrollment is not being skimmed through.

Upcoming Medicare Enrollment Seminar in Pennsauken, NJ:

Additional Resources:

New Jersey Medicare Supplement Plans

Medicare Advantage in New Jersey

Part D Prescription New Jersey

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