subject: Preparing For Medicare [print this page] Medicare, the U.SMedicare, the U.S. government based healthcare plan for those over 65, has many outstanding aspects and some that are less outstanding. Being prepared and detailed timing are the two most important defenses to the less outstanding aspects.
Preparation should ideally start when one is in their late 50's. Decisions that are for Social Security benefits influence Medicare timing. If a person decides to start getting Soc Sec benefits at the age of 62, the Social Security Administration will automatically inform Medicare four or five months before the recipient reaches the age of 65. Enrollment forms will be sent to the recipient and the process begins.
Once the enrollment forms start arriving, it is important that you know exactly what to expect. If you do not have the exact forms filled out well in advance, make sure to contact Medicare at least three months prior to you birth month. Timing is everything when it comes to taking care of your insurance and everything comes into play even though the paperwork might be a bit of a pain. Do not take anything for granted when it comes to paperwork that involves the federal government. Having all of your bases covered is the key to making sure that you are covered in your golden years and do not have to worry about paperwork and government issues That's the last thing you need to worry about during those retirement years. You worked hard for those benefits and now it is time to let the benefits pay you back.
Understand that Part A for hospitalization has no premium. Part B for doctors, labs, etc. has a premium that is deducted from Social Security if one is receiving it or must be paid independently if not. Making allowances in one's budget is a demanding and unforgiving rule. Be prepared.
Cost is the biggest factor, so make sure you have all of your bases covered. It is important to take care of the elderly and has accomplished a great deal of good since it was implemented, so make sure you are not taking it for granted.
Everyone at the age of 65 or older is eligible for Medicare and it is a great system for those who need it but anyone who uses it should be prepared to know what is in store for them.
