On July 30, 1965, President Lyndon B. Johnson signed off on a bill which became a law and as we know it today Medicare Part A & B “original Medicare” . Medicare was originally only for people 65 and older but in 1972 Medicare expanded to cover the disabled, and people with certain illnesses such as ESRD end stage renal disease or Lou Gehrig’s disease.
Medicare Smithtown N.Y
Medicare in Smithtown can be overwhelming, there are usually 20 plus Medicare Advantage plans offered, 10 standardized supplement plans and close to 20 stand alone part D drug plans. Working with a local agent in Smithtown can save you lots of time and money.
Understanding Medicare Plans In Smithtown, N.Y
To choose the right coverage our agents firmly believe you need to understand first how original Medicare works and then start to compare your options. The Modern Medicare Agency and its staff will help you understand all parts of Medicare A,B,C & D and teach you how to compare plans so you can choose the plan that fits your needs best.
Medicare Advantage Agent in Smithtown, NY
Medicare advantage plans are an option to receive all of your Medicare benefits through a private insurance carrier. The plans all have contracts with Medicare and will cover everything that original Medicare covers as good or better. These plans will also cover part D drugs most of the time as well. Medicare Advantage plans typically have networks like PPO, HMO, HMO-POS or PFFS. There are usually over 20 plans to choose from in Smithtown and your local Medicare agent can help compare & shop the various plans to make sure you get the plan that fits your needs best.
Medigap Agent in Smithtown, NY
Just like it sounds Medigap plans help cover the gaps in original Medicare’s coverage.Typically carriers offer 10 different types of Medigap/Medicare Supplement plans which are all named after letters. These plans are standardized which means any carrier that offers Plan N will offer the same exact benefits as any other company offering Plan N. New York is a Guaranteed issue state which means no underwriting is involved with enrolling in a Medicare supplement. Living in a guaranteed issue state means higher monthly premiums, so be sure to compare and shop your Medicare supplement plan.
Medicare Part D Agent Smithtown, NY
Medicare Part D is an opt-in program and it can be acquired either through a Medicare Advantage Plan or through a stand alone Part D Plan. Stand alone part D Plans are offered through many of the same private carriers that offer Medicare Advantage and Medigap plans. There are usually close to twenty different Part D plans offered in New York state. Each plan follows a Government standard coverage model, but they all have different formularies. So it is very important to make sure you check your options vs the prescriptions you take to be sure you get the right coverage option. This is one of the services provided by The Modern Medicare Agency.
Benefits of Using a Medicare Agent in Smithtown, N.Y
Cut through all of the Medicare marketing nonsense and learn how to choose the right plan for you. We know Medicare is not a one size fits all and everyone has different needs and budgets. The Modern Medicare Agents specialize in helping Medicare clients save time and money. Our agents all provide year round customer service and all of our help is FREE.