Medicare plays a vital role in ensuring access to essential healthcare services for millions of Americans, offering various plans that cater to different medical needs. Let's go ahead & dive into some of the details!
What is Medicare?
Medicare is a federal health insurance for anyone age 65 and older - and some people under 65 with certain disabilities or conditions.
Medicare-related bills are paid for from two trust funds held by the U.S. Treasury. People with Medicare pay part of the costs through things like monthly premiums, deductibles & coinsurance.
Do you have to enroll in Medicare?
Yes - you become eligible to enroll three months before you turn 65. If you do not enroll you will be subject to penalties and potentially increased premium costs. There are some exceptions to this timeline; for example, if you plan to work past age 65.
What is the cost of Medicare?
Most people pay $0 for Medicare Part A and a monthly premium for Part B. You can also add additional supplemental coverages that will cost you a monthly premium, but help you cover your medical needs.
How do you enroll in Medicare?
To enroll for Medicare Parts A & B, you should contact the Social Security Administration office. For supplemental coverage, TruLync Medicare Advisors can help you find a plan that is best for you!
How do you know what is right for your needs?
Work with TruLync Medicare Advisors, a CCCU partner, to find the right coverage for your health needs and get your questions answered. Get answers to questions like – what does original Medicare cover, will my prescriptions be covered and what are my health plan options? Learn more about this free service by calling (612) 345-2798.
TruLync Medicare is not affiliated with City & County Credit Union. The program is offered through the Minnesota Credit Union Network. By calling this number, you agree to speak to a licensed insurance agent about Medicare products. Neither Medicare nor Medicaid has reviewed, nor endorsed this information. I may not offer every plan available in your area. Any information I provided is limited to those plans I do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY: 1-877-486-2048) to get information on all of your options.