The 2020 Open Enrollment Period began on Nov. 1 and will end Dec. 15.
Yes it is all pretty confusing. Medicare Advantage Plans, Medigap, Medicare Supplementals – where can you go to get straight answers?
This is a fast overview:
Part A provides inpatient/hospital coverage.
Part B provides outpatient/medical coverage.
Part C offers an alternate way to receive your Medicare benefits (see below for more information).
Part D provides prescription drug coverage.
Part F is to supplement insurance for Medicare. The correct term is Plan F, but some people will refer to it as Medicare Part F. You must be enrolled in Medicare Part A and Part B to enroll.
Part G, also called Medigap Plan G, is an increasingly popular supplement for several reasons. First, Plan G covers each of the gaps in Medicare except for the annual Part B deductible.
Part H is a lot like Plan C. It covers the Basic Benefits that include hospital coinsurance, the Medicare Part B coinsurance which is generally 20% of outpatient expenses, 365 additional days of hospitalization coverage, and additional blood coverage.
Where to get real help? On the phone: 1-800-MEDICARE (1-800-633-4227)
Online: https://www.cms.gov/Outreach-and-Education/Reach-Out/Find-tools-to-help-you-help-others/Medicare-Open-Enrollment.html and https://www.ssa.gov/benefits/medicare/
Be prepared, get prepared. Have all your health plan information at hand. Are you paying for health insurance? Have a copy of the plan.
Are you covered by some other form of health insurance like Veterans, Tricare, AHCCCS or other forms of health coverage? Be ready with your information so you can get all the right answers.
Review the list at the beginning of this article Parts A through H so you know what questions to ask.
Just don’t miss the deadline Dec 15!