When you first sign up for Medicare and during certain times of the year, you can choose how you get your Medicare coverage.
Some people need to get additional coverage, like Medicare drug coverage or Medicare Supplement Insurance (Medigap).
FACT: If you don’t get Medicare Part B or Medicare Part D when you’re first eligible, you may have to pay more to get this coverage later. This could mean you’ll have a lifetime premium penalty for your Medicare Part B and Prescription drug coverage.
A
B
You get all the benefits of Original Medicare plus “extras” Medicare does not cover. Plans may offer benefits for dental, vision, hearing, acupuncture, over-the-counter items and more.
C
Part D helps cover the cost of prescription drugs (including many recommended shots or vaccines). You join a Medicare drug plan in addition to Original Medicare, or you get it by joining a Medicare Advantage Plan with drug coverage. Plans that offer Medicare drug coverage are run by private insurance companies that follow rules set by Medicare. The types of drugs covered and the pharmacies you can use vary by plan.
D
NEW INSULIN BENEFIT! If you use an insulin pump that’s covered under Part B’s durable medical equipment benefit, or you get your covered insulin through a Medicare Advantage Plan, your cost for a month’s supply of Part B-covered insulin for your pump can’t be more than $35. The Part B deductible won’t apply. If you get a 3-month supply of Part B-covered insulin, your costs can’t be more than $35 for each month’s supply. This means you’ll generally pay no more than $105 for a 3-month supply of covered insulin. If you have Part B and Medicare Supplement Insurance (Medigap) that pays your Part B coinsurance, you plan should cover the $35 (or less) cost for insulin.
When you first sign up for Medicare and during certain times of the year, you can choose how you get your Medicare coverage.
Some people need to get additional coverage, like Medicare drug coverage or Medicare Supplement Insurance (Medigap).
A
B
You get all the benefits of Original Medicare plus “extras” Medicare does not cover. Plans may offer benefits for dental, vision, hearing, acupuncture, over-the-counter items and more.
C
Part D helps cover the cost of prescription drugs (including many recommended shots or vaccines). You join a Medicare drug plan in addition to Original Medicare, or you get it by joining a Medicare Advantage Plan with drug coverage. Plans that offer Medicare drug coverage are run by private insurance companies that follow rules set by Medicare. The types of drugs covered and the pharmacies you can use vary by plan.
D
NEW INSULIN BENEFIT! If you use an insulin pump that’s covered under Part B’s durable medical equipment benefit, or you get your covered insulin through a Medicare Advantage Plan, your cost for a month’s supply of Part B-covered insulin for your pump can’t be more than $35. The Part B deductible won’t apply. If you get a 3-month supply of Part B-covered insulin, your costs can’t be more than $35 for each month’s supply. This means you’ll generally pay no more than $105 for a 3-month supply of covered insulin. If you have Part B and Medicare Supplement Insurance (Medigap) that pays your Part B coinsurance, you plan should cover the $35 (or less) cost for insulin.
FACT: If you don’t get Medicare Part B or Medicare Part D when you’re first eligible, you may have to pay more to get this coverage later. This could mean you’ll have a lifetime premium penalty for your Medicare Part B and Prescription drug coverage.
Medicare can be confusing. If you have questions, contact me.
When you first sign up for Medicare and during certain times of the year, you can choose how you get your Medicare coverage.
Some people need to get additional coverage, like Medicare drug coverage or Medicare Supplement Insurance (Medigap).
FACT: If you don’t get Medicare Part B or Medicare Part D when you’re first eligible, you may have to pay more to get this coverage later. This could mean you’ll have a lifetime premium penalty for your Medicare Part B and Prescription drug coverage.
A
B
You get all the benefits of Original Medicare plus “extras” Medicare does not cover. Plans may offer benefits for dental, vision, hearing, acupuncture, over-the-counter items and more.
C
Part D helps cover the cost of prescription drugs (including many recommended shots or vaccines). You join a Medicare drug plan in addition to Original Medicare, or you get it by joining a Medicare Advantage Plan with drug coverage. Plans that offer Medicare drug coverage are run by private insurance companies that follow rules set by Medicare. The types of drugs covered and the pharmacies you can use vary by plan.
D
NEW INSULIN BENEFIT! If you use an insulin pump that’s covered under Part B’s durable medical equipment benefit, or you get your covered insulin through a Medicare Advantage Plan, your cost for a month’s supply of Part B-covered insulin for your pump can’t be more than $35. The Part B deductible won’t apply. If you get a 3-month supply of Part B-covered insulin, your costs can’t be more than $35 for each month’s supply. This means you’ll generally pay no more than $105 for a 3-month supply of covered insulin. If you have Part B and Medicare Supplement Insurance (Medigap) that pays your Part B coinsurance, you plan should cover the $35 (or less) cost for insulin.
