Have you or someone you know who has Medicare recently moved? If so, you need to notify Medicare & Social Security to update your address in their records. This also “starts the meter running.” You have 60 days to review and update your Medicare insurance. The coverage you currently have might not be available in your new location. It is essential to have an independent insurance agent review your current policies and show you what is available locally. If you wait longer than 60 days, you will have to wait until Medicare’s Annual Election period, which is October 15 – December 7 to review your options and any changes made during this time are not effective until January 1.
Insurance issues and changes can be confusing. Trusting just any run of the mill company is very often intimidating for most individuals. How do you know you’re getting the best advice? Kiefer Insurance has the answers that you need. In business since 1972, their family-owned company is trusted because of their impeccable service and commitment to their clients.
At Kiefer Insurance, they pride themselves on not working for the Insurance Companies, but instead, working for you! They form life-long relationships with their clients, and the results are what keep them in the forefront of the community.
More on Moving
Whether you’re moving out of state or making a town move within Florida, there are opportunities to change your plan or to enroll in a new plan if necessary. Having an experienced agency guide you through this intricate process is ideal so that you and your family are certain not to be left without coverage.
The Fine Details of Medicare
Medicare is a sophisticated system, but maneuvering your way through the maze is the tricky part. You’ll want to have the best coverage based on what your income will allow.
Medicare has several parts:
• Part A (hospital)
• Part B (physician & out-patient services)
• Part C (Medicare Advantage Plan)
• Part D (prescription drug coverage)
Because Medicare only covers approximately 80% of Part B expenses, most individuals will need to enroll in supplemental coverage to cover the cost associated with outpatient services.
When you opt to enroll in Medicare Part C (Medicare Advantage Plan), it combines Part A, Part B and sometimes Part D coverage. This is similar to PPO & HMO plans, which have co-pays or deductibles instead of the 20% balance that Medicare does not cover. The benefits depend upon the policy you select.
To find out more, please visit www.medicare.gov, or Call KIEFER INSURANCE to arrange a no obligation explanation of these Medicare choices. They represent a carefully selected group of financially sound and reputable insurance companies to offer you the best service possible and most comprehensive coverage at competitive prices. They do more than sell insurance; Kiefer Insurance provides peace of mind. For more than forty-five years, they’ve maintained their role as the trusted agency in Ocala.
For more information on Kiefer Insurance and how they can partner with you to get you on the right track, please call 352.732.7501, or visit their website at kieferinsurance.com.