Baby Boomers Start Medicare

VIDEO: MEDICARE AND YOU – OPEN ENROLLMENT

 

PART D:  AARP Medicare Rx Preferred Formulary

Yes it has begun Medicare Open Enrollment Period for 2012 which opened Oct 15th – Dec 7th is in full swing.  This is year 1 of Baby Boomers Generation applying for Medicare Benefits.This couldn’t come at a better time with all changes in the market place. Many businesses are now sponsoring Individual Medicare Plans for their senior employees and retirees.No other segment in the population can get similar benefits today. This is becoming a no brainer for many businesses as avg. rate increases are below 4% & benefits are superior.The most frequently purchased plans are Medicare Supplemental Plans (medigap).   Example, the richest option Plan F + Plan D is only$295/month which allows members to

  • Keep Original Medicare indemnity with the freedom to go to any provider
  • $0 cost for Medicare providers
  • No referrals
Medicare Advantage Plans can provide lower monthly premiums ranging from $0 – $89.  They come in the form of Medicare PPO or HMO and is run by private health insurers.

To view Sample Mediblue Rates click here.
Click here for differences between Medicare Advanatage and Medigap.

 

For low income eligible senior there is extra help.  Each State has a respective program.  In NY, for example, there is EPIC for help with Part D medications for seniors with  adjusted gross incomes below $35,000 individuals and $50,000 couples.   We work with local Medicaid Offices in your community such as HealthPlus. You can view here more info on getting extra help for Medicare costs.

 

We represent leading companies such as  such as AARP Secure Horizon and Empire’s Mediblue. Both insurers are good options with unique programs such as  AARP UnitedHealthcare’s $2 Prescription Drug Program. Importantly check the network of providers and wether or not your Rx is on their formulary.

 

In order to apply please call us to review first if your Doctor takes the plan and if your medications are on the formulary. The form’s take only 10 minutes to complete.

 

Sincerely,Alex Miller
914-207-6161