Medicare healthcare insurance plans have different requirements. Each plan has its own enrollment period. The rules of Medicare change often. Hence, the Medicare enrollment for 2020 might be different from the past years. In that case, you must obtain updated information by coming back to your website regularly. We update our pages to present the most up-to-date guidelines and policies of Medicare.
Enrollment for Initial Medicare
Most seniors sign up for the basic plan or Original Medicare. Many seniors become automatically eligible for this coverage when they reach 65 and satisfy the other requirements.
Your health conditions and citizenship can influence your eligibility. For citizenship, you must be a US citizen or has been living in the US for five consecutive years.
You may also manually enroll if you have not been registered automatically in Original medicare even if you turned 65. Contact Medicare or Social Security to assist you with it.
The Initial Medicare will include Medicare Part A and Part B. It can pay for your inpatient or outpatient expenses.
Medicare Advantage Enrollment
Also known as Medicare Part C, Medicare Advantage is a Medicare plan that offers robust coverage for prescription medicines and Initial Medicare. It also includes coverage for emergency services and urgently needed healthcare expenses, as well as checkups.
The enrollment period for MA is from October 15 to December 7. Within this period, you can sign up for a plan, as long as you are 65 years old or older.
You must take advantage of this opportunity as enrollment for Medicare Advantage happens once a year. Many seniors may not need Advantage plans when they reach 65 years but they may need the plans later on.
Advantage plans are being sold by private insurers and not Medicare. Thus, the rates are set to change and they vary from one insurer to another.
To find the best deal on MA, make sure to use our site to compare rates. We make it easier to compare rates by simply entering your zip code and the Advantage plan you are planning to purchase.
Before you sign up, though, make sure that you do not have an existing medical insurance plan from your union or employer. MA plans are not compatible with Medicare supplement. Thus, you should drop them first before you can sign up for an Advantage plan. Medicare does not allow overlapping plans at the same time.
When to Enroll for Medicare Supplement
Medicare Supplement plans can work with basic Medicare. These plans can provide you with coverage that the original Medicare excludes. You can find several Supplement plans. However, all plans have the same enrollment rules.
Before you can be approved, you need to have a valid Initial Medicare plan. Supplement plans are closely tied to Initial Medicare.
Private insurers sell the supplement plans. They sell customized plans and they determine their rates. Use our free tool to find out which insurer offers the best rates. Doing so will help you prevent overpaying for a supplemental insurance policy.
You can only sign up for this plan if you have an active Initial Medicare plan. If you have it, then you are eligible for it.
The enrollment period starts when you register for Medicare Part B. You are given six months to sign up for supplement plans.
This six month window is the Open Enrollment period for this plan and it is the best time fo you to obtain a plan. During this period, you are guaranteed to be approved. Furthermore, the rates are not based on your medical condition.
Enrollment Period for Medicare Part D
Medicare Part D is a prescription medicine coverage. You can purchase it on its own or buy it as part of the Medicare Advantage policy. It is a multi-level plan. Some medicines are fully covered while others are partially covered.
Once you have an Original Medicare plan, you can sign up for Part D plan. If you have Part B policy, you can register for Part D immediately. But you need to be 65 years old to qualify. The approval depends on whether or not you have an active Part B plan.
Just like MA and supplement plans, Part D is obtained from private insurers. Thus, expect the rates to change depending on the insurer. To find out whether or not the rates have changed, you may use our free tool and get a good deal.
Need Help with Enrollment
If you are confused about whether or not you are qualified for Medicare plans, our health insurance experts can help you. We will answer whatever questions you may have in your mind about Medicare insurance plans.
We can guide you on how to choose the right plan. Our goal here is to make you feel confident about the coverage you purchase.
Medicare enrollment for 2020 is not different from the last two years. However, the periods and eligibility rules change often. Thus, you need to come back and use our website to find accurate rates. Even if you cannot register now because you are not yet eligible, you should still consider examining all options available to prepare yourself when the right time comes.
Compare 2020 Medicare Advantage Plans