Medicare NOT Part of the New Health Insurance Marketplace!

Posted on October 3rd, 2013

Categories: Affordable Care Act,Caring For Elderly,Gerontology,Health Insurance,Helping Seniors,Medicare,Medicare Part A,Medicare Part B,Medicare Part C,Medicare Part D,Obama Care,Planning,Senior Care Management

Doctor Examining an Elderly PatientAll this fuss about the new Health Insurance Marketplace and choices in health insurance coverage.  Can it get any more confusing?

But if you currently have Medicare coverage, it is important to know that it is separate from what is going on in the Health Insurance Marketplace we hear so much about in the daily news!

And if you already have Medicare, you will continue to be covered and you will not have to take any action for your coverage to continue as is.  This is true regardless if you receive Original Medicare or a Medicare Advantage Plan (Part C).

In fact, the Health Insurance Marketplace does not even offer any Medicare insurance including Medicare Supplements (Medigap) or Medicare Part D drug plans.

Medicare does have an annual enrollment period each year for those who have both Medicare A and B and want to make certain changes.  In 2013 the open enrollment period is from October 15 through December 7.  During this time Medicare recipients may enroll in or make changes to a Medicare Advantage Plan (Part C) , Part D drug provider, or Medicare Supplement (Medigap) policy.

But remember, Medicare recipients DO NOT have to take any action if they simply want their coverage to continue as is!

Unfortunately seniors are understandably getting confused that they need to take action because the new Affordable Care Act options available through the Health Insurance Marketplace have overlapping enrollment periods with Medicare (for those who wish to make changes).

So, please, please, please spread the word to the elders you know, love and care for!

Their benefits under Medicare are secure and they don’t have to do anything differently or contact any of the new health exchanges!

For more detailed information you can visit Medicare.gov or refer to the 2014 handbook “Medicare and You” which is available on line but is also mailed to every Medicare recipient!

As always, please contact me if you have questions and I will be happy to answer them for you!

 

 

 



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