Fall time to learn about Medicare
The annual fall open enrollment period for Medicare begins in less than two weeks.
Those interested in learning more about Medicare could take advantage of the free counseling service offered at the
"People need help navigating the health care maze because there are a lot of rules and for every rule there are multiple exceptions,"
Austin, who worked 30 years in the life and health insurance business, said with Medicare there is no one-size-fits-all plan, but free counseling is available to discover options.
"You might say that your neighbor has a certain plan and it works great for him, but your health, income and other factors may be different," he said.
All
"It's like a new language," Austin said.
At one time there was just Medicare. Today, there is Medicare Part A, B, and D and Medicare Part C, known as Medicare Advantage, which involves private insurance companies.
Medicare A provides basic coverage, including hospital care, for disabled people and those 65 and older. Medicare B provides for doctor visits and some prescription medications. Medicare D is a more comprehensive prescription drug plan.
Nothing is completely free. All plans require copays and deductions depending on a patient's specific situation. For those receiving
Medicare Advantage essentially uses private insurance to supplement other Medicare plans.
Open enrollment is the time to make changes and ensure current coverage hasn't been unknowingly altered, Austin said. A person's financial or medical situation can evolve, and health care providers could relocate or retire.
"Your physician may no longer be a part of your plan," Austin said.
Deciding whether a patient is willing to use any health care provider or may want to use a specific physician is a big decision when choosing a plan.
Medicare Part D may or may not cover prescriptions and copays can depend on specific situations. Copays for some medicines can be between
Walking a person through all the issues in a specific health insurance situation takes about 90 minutes, Austin said. Counselors can also detect bad actors who might be guilty of "slamming" or pushing a plan on an unsuspecting customer.
For example, a health insurer should never try to sell a plan over the phone, he said. Austin suggested customers go into the insurer's office or make an appointment to see one of the free counselors at the senior center.
The center also offers other services,
The enrollment period for Medicare begins


ALTA Good Deeds Foundation Provides Emergency Grant for Hurricane Ian Relief
7 tornadoes tore through Broward, Palm Beach counties ahead of Hurricane Ian. Kings Point residents still need help [South Florida Sun-Sentinel]
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
- Symetra and TIAA Announce Launch of Mariner Re
- Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
More Annuity NewsHealth/Employee Benefits News
- Studies from Northwell Health Describe New Findings in Managed Care (The Relative Value Scale Update Committee: Understanding How Dermatologists’ Work Is Valued): Managed Care
- Hofstra University Details Findings in Managed Care (A University and Community Partnership to Address Diaper Insecurity Among Infants in Suburban Communities Through Home Visiting Services): Managed Care
- Reports Outline Managed Care Study Results from Brown University School of Public Health (Organizational Perspectives on Access to Care Among Persons With End-Stage Kidney Disease After Enrollment in Medicare Advantage): Managed Care
- Reports Summarize Managed Care Study Results from Marquette University (Nontraumatic Dental Emergency Department Visits and Follow Up Dental Care Among Wisconsin Medicaid Beneficiaries): Managed Care
- Carson Tahoe Health reaches deal with UnitedHealthcare
More Health/Employee Benefits NewsLife Insurance News