Even people who look forward to signing up for Medicare are likely to find the actual process somewhat daunting. There are decisions to be made, such as whether to enroll in the prescription drug program known as Part D or which option would be most preferable. An independent insurance agent is glad to go over Medicare Part D Plans in Macon GA with a person who isn’t sure about what to do.
A primary reason Medicare is so confusing is the number of options available. For instance, there are parts F and G, which function as Medigap, covering charges not addressed in Medicare parts A and B. Insurance agents commonly consider Medicare Part D Plans in Macon GA to be the most confusing aspect of all because various plans have differences that seem small but can lead to a savings, or a cost, of thousands of dollars per policyholder spent on medication. Depending on where a person lives, there may up to 40 choices available for this part of Medicare.
One main concern with Part D is whether expensive medications will be added to the person’s health care regimen during the year. Fortunately, a new plan can be chosen if this happens, although the enrollment change is limited to about two months toward the end of the year. Another factor, which is viewed as unfair by many, is that the government charges a one percent penalty of the Part D premium every month if the individual does not sign up as soon as he or she is eligible. Many individuals are still covered by their own health insurance through an employer at age 65 and don’t want to switch. However, if they wait to sign up, they have to pay that penalty as long as they have a plan for Part D.
A person who is getting ready to sign up for Medicare and isn’t sure about the different plans may contact an agency such as Stone Insurance Agency Inc. for assistance. The agent will want to know how much is spent on medication routinely now, as that is an essential factor in deciding on a policy.
