Hello world!
Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
Medicare is a government-backed insurance program for people age 65 and older. However, certain people under the age of 65 can qualify for Medicare coverage. The Medicare program is divided into several parts, each covering expenses for different aspects of healthcare.
If you are enrolled in an Original Medicare plan, you will notice that you are often required to pay some out-of-pocket amounts when you receive health care. Medicare Supplement Insurance plans, also known as Medigap plans, exist to fill the cost gaps left behind by Original Medicare benefits.
Our team of professionals can help you create a thought-out strategy using various tools designed to help you address your financial needs and concerns.
We can help you secure your financial future. Contact Grutz Financial now to schedule a meeting and get started.
Managing your finances properly is a complex process that requires practical knowledge and insight. If you are someone who is looking for more information about how to protect your wealth and secure your future into retirement, start here!
Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
Medicare provides affordable health care coverage to American citizens who meet the eligibility requirements. If you are 65 or older, you are automatically eligible to enroll in a Medicare policy. People under the age of 65 who have been diagnosed with Amyotrophic Lateral Sclerosis or End-Stage Renal Disease may also be eligible for Medicare enrollment.
Some people receive Original Medicare (Medicare Part A and Part B) insurance automatically, but others have to sign up for these programs independently.
There are several standardized periods wherein U.S. citizens are allowed to enroll in different Medicare policies.
The Initial Enrollment Period is a 7-month period that starts three months before the month someone turns 65 and ends three months after the month they turn 65.
During the Annual Enrollment Period, you can switch from Original Medicare to a Medicare Advantage plan, change your prescription drug coverage, and update your coverage by switching plans or insurance providers.
The General Enrollment Period is a timeframe within which people who missed their Initial Enrollment Period will be able to enroll in Medicare policies.
If you want to enroll in a Medicare Supplement Insurance (Medigap) policy, the best time to do so is during the Medicare Supplement Open Enrollment Period. During this period, you cannot be denied Medigap coverage by insurance providers.
The Medicare Advantage Open Enrollment Period is a timeframe wherein Original Medicare and Medicare Advantage beneficiaries can switch to a new plan.
Special Enrollment Periods allow prospective Medicare beneficiaries to enroll in Medicare or make changes to their Medicare coverage outside of the General and Initial Enrollment Periods. To qualify for a Special Enrollment Period, you must fit a specific set of special circumstances. Some of these circumstances include:
Determining whether you are eligible to enroll during a Special Enrollment Period can be difficult if you do not have significant knowledge of the Medicare system.
Grutz Financial can help you understand if you will be eligible for special enrollment and provide you with answers to any other Medicare or Financial Planning questions that you may have. Contact us now to find answers to your questions.
#GFMEDENRL
© 2020 All Rights Reserved. Site design by SecureAgentMarketing.com Terms Of Service | Privacy Policy
Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Grutz Financial are not affiliated companies. Any and all other services referenced are an outside business activity not offered through or supervised by AE Wealth Management.
Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. None of the information contained on this website shall constitute an offer to sell or solicit any offer to buy a security or any insurance product.
Any references to protection benefits, safety, security, or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.
The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.
We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. Our firm is not affiliated with the U.S. government or the federal Medicare program.
Guarantees are backed by the financial strength and claims-paying ability of the issuing insurer.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. The firm is not affiliated with the U.S. government or the federal Medicare program. 759187 – 11/20