Existing Coverage

If you currently have existing healthcare coverage before transitioning to Medicare, you should take several essential steps to navigate the process smoothly. Start by reviewing your coverage in detail – whether through your employer, a spouse’s plan, or any other source. Understand the benefits, costs, and limitations of your current coverage and any potential changes that might occur upon transitioning to Medicare.

Next, familiarize yourself with the different parts of Medicare – Parts A, B, C, and D – and how they interact with your existing coverage. Determine whether your current coverage will coordinate with Medicare and whether keeping it alongside your Medicare coverage makes sense. This is particularly important if your current range provides benefits that Medicare might not fully cover.

Research the enrollment periods and deadlines for Medicare to ensure you don’t miss any crucial windows for enrollment. Depending on your age and circumstances, there might be specific times when you should apply for Medicare to avoid penalties or gaps in coverage.

Consider speaking with your current insurance provider or HR department to discuss how your coverage aligns with Medicare. They can provide valuable insights and help you understand any changes that might occur.

It’s also advisable to consult with a Medicare expert, such as Mike Newsom from Wheelers Insurance, who can guide you through the process based on your situation. They can help you weigh the pros and cons of keeping your coverage, enrolling in specific Medicare parts, and making a seamless transition.

By carefully assessing your current coverage, understanding Medicare’s components, and seeking professional advice, you can make informed decisions that ensure your healthcare needs are met as you move from your existing coverage to Medicare. 

We do not offer every plan available in your area. Currently we represent 6 organizations that offer 46 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.