Solomon group makes medicare easy
Starting Medicare doesn’t have to be confusing. Solomon Group Advisors is here to make the Medicare enrollment process simple and stress-free.
We’re Here to Guide You every step of the way
We understand how overwhelming Medicare enrollment can seem, especially if you're new to it. Our team is here to offer expert guidance. We’ll answer any questions about your eligibility, explain your options, and help you enroll in a plan that fits your needs and budget.
How to get started
Medicare is a health insurance program for individuals 65 and older, as well as some younger people with disabilities. Here's a step-by-step guide to help you understand how Medicare works:
1. Eligibility
To be eligible for Medicare, you generally need to be 65 or older, or under 65 with certain disabilities. You’ll receive automatic enrollment if you’re already receiving Social Security benefits.
2. Enrollment
You can enroll in Medicare during your Initial Enrollment Period, which begins 3 months before your 65th birthday and lasts for 7 months. If you miss this window, there are other enrollment periods available, but you may incur late fees. If you’re already enrolled and need to make changes to your coverage, you can do so during the Annual Enrollment Period, which runs from October 15 to December 7 each year. Understanding these enrollment periods and knowing when to enroll can be confusing—give us a call, and we’ll walk you through the process!
3. Plan Options
Medicare has different parts:
- Part A: Hospital Insurance
- Part B: Medical Insurance
- Part C (Medicare Advantage): A private plan that covers both Part A and Part B
- Part D: Prescription Drug Coverage
Frequently Asked Questions About
medicare coverage
We recommend enrolling during your Initial Enrollment Period (3 months before your 65th birthday) to avoid any penalties. If you’re still working and have health coverage, you may qualify for a Special Enrollment Period.
Annual Enrollment for Medicare runs from October 15 to December 7 each year. During this period, you can make changes to your Medicare coverage, such as switching plans or enrolling in a new plan. It's an opportunity to review your current coverage and make sure it still meets your needs.
A Special Enrollment Period (SEP) allows you to enroll in or make changes to your Medicare plan outside of the typical enrollment periods. This can happen if you experience certain life events, such as moving, losing your current healthcare coverage, or other qualifying circumstances. You may not face late enrollment penalties if you qualify for a SEP.
Part A covers hospital stays, while Part B covers outpatient care like doctor’s visits. You can choose to enroll in both or combine them with a Medicare Advantage plan.
Medicare doesn’t cover all prescription drugs. You can enroll in a separate Part D plan for prescription drug coverage, or look into Medicare Advantage plans that include drug coverage.
Most people don’t pay a premium for Part A if they’ve worked and paid into Social Security. Part B and Part D premiums vary, and there may be additional costs depending on the plan you choose. We can help you estimate the costs based on your situation.
