|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|
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.
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.