Medicare’s 2023 Annual Enrollment Period is now open!

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It’s time to start thinking about enrolling in Medicare if you’re close to retirement or want proper health coverage after 65. If you’re not already on Medicare, get your paperwork ready and sign up now.

If you’re already on Medicare, it’s a smart idea to periodically check if your coverage is still adequate for you. You might also want to consider switching to another Medicare plan that fits your needs better.

At The Sosa Insurance Group, we can help you sort through Medicare enrollment and figure out the best coverage for your specific needs.

Learn more here.

What Is Medicare?    

Medicare is a government health insurance program for people ages 65 and up, as well as some younger individuals who have disabilities.

There are four parts to Medicare:

– Part A covers hospital stays and other inpatient care requirements.

– Part B covers doctor visits, preventive screenings, and other outpatient care.

– Part C is also known as Medicare Advantage. It’s an alternative to Parts A and B that typically provides coverage for both hospital stays and doctor visits.

– Part D is prescription drug coverage.

If you have Medicare coverage and want to be informed about changes coming in 2023, or if you want to review your current plan to see if it’s the best one for you, now is the time. The Medicare Annual Enrollment Period starts on October 15th and ends on December 7th each year. You may also be able sign up during a special enrollment period for those who experience a qualifying life event, such as losing job-based health insurance.

At the Sosa Insurance Group, we want to ensure that you have all the information you need about your Medicare Health Plan options so that you can find the best coverage for your unique situation.

What Paperwork Is Required To Apply For Medicare?    

To apply for Medicare, you will need to have your Social Security number and the date of your 65th birthday or the date you became disabled handy.

When you’re ready to sign up for Medicare, you have a few options. You can apply online or call Social Security at 1-800-772-1213. If you’d prefer, you can also visit your local Social Security office in person.

If you’re already receiving Social Security benefits, at the age of 65 you’ll be automatically enrolled in Medicare Part A and Part B.

How Much Does Medicare Cost?    

Most people don’t have to pay for Medicare Part A. If you do have to pay, it will cost a maximum of $506 per month in 2023.

The standard monthly premium for Medicare Part B in 2023 is $164.90, though your final price may increase or decrease based on income.

Medicare Part C and Part D both have monthly premiums in addition to other common costs, like deductibles and copayments.

Stop overspending on Medicare plans! The Sosa Insurance Group will help you understand the costs of different options and find one that suits your budget.
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When Should You Enroll In Medicare?    

At the AEP (Medicare Annual Enrollment Period), you can make some of the following changes to your Medicare coverage:

– Disenroll from a Medicare Advantage plan and return to Original Medicare (Part A and Part B)

– Switch from Original Medicare to a Medicare Advantage plan.

– Change between Medicare Advantage Plans

Enrolling in or switching your insurance plans can be daunting, but luckily The Sosa Insurance Group will help guide you through everything so that by the end you feel confident and knowledgeable about which program is best for you We are just a phone call away waiting to answer any questions related to enrolling in different kinds of medicare programs.

If you experience a major shift in your life, such as losing job-related health insurance, you may be able to sign up for Medicare Health Plans during a Special Election period.
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More About The Sosa Insurance Group    

The Sosa Insurance Group is a family-owned business that has been helping people find affordable Medicare insurance coverage for over 13 years. They’re dedicated to finding the best possible coverage at the most affordable rates for their clients.

Our goal at the Sosa Insurance Group is to provide top-tier education and assistance for our clients’ Medicare Health Plan needs. We offer personalized one-on-one support to ensure that you’re getting the best care possible. We know that Medicare can be confusing, but we’ll make the process as straightforward as possible.

If you need help enrolling in Medicare or finding the right coverage for your needs, get in touch with The Sosa Insurance Group. You can find them on their website or social pages: Facebook, YouTube, Instagram, LinkedIn