Frequently Asked Questions


1. What is Medicare?

Medicare is a federal health insurance program for people aged 65 and older, as well as certain younger individuals with disabilities. It helps cover hospital stays, doctor visits and more.

2. What are the different parts of Medicare?

  • Part A – Covers hospital stays, skilled nursing care, and hospice.

  • Part B – Covers doctor visits, outpatient care, and preventive services.

  • Part C (Medicare Advantage) – Private insurance plans that bundle Part A, Part B, and often Part D, plus additional benefits.

  • Part D – Covers prescription drugs.

3. When can I enroll in Medicare?

  • Initial Enrollment Period (IEP): Begins three months before your 65th birthday and lasts seven months.

  • Annual Enrollment Period (AEP): October 15 – December 7 (for plan changes).

  • General Enrollment Period (GEP): January 1 – March 31 (if you missed your IEP).

  • Special Enrollment Periods (SEPs): Available in certain life situations, like losing employer coverage.

4. What is the difference between Medicare Advantage and Medigap?

  • Medicare Advantage (Part C): Replaces Original Medicare and often includes extra benefits like dental, vision, and prescription drug coverage.

  • Medicare Supplement (Medigap): Works alongside Original Medicare to help cover out-of-pocket costs like deductibles and copayments.

5. Do I need Medicare Part D?

If you take prescription medications, enrolling in a Part D plan can help lower costs. Even if you don’t need medications now, enrolling when first eligible can prevent late penalties later.

6. Can I change my Medicare plan?

Yes! You can switch or adjust your Medicare coverage during the Annual Enrollment Period (Oct 15 – Dec 7) or under special circumstances that qualify for a Special Enrollment Period (SEP).

7. How much does Medicare cost?

  • Part A: Free for most people who worked and paid Medicare taxes for at least 10 years.

  • Part B: Standard premium is set annually by Medicare.

  • Part C & Part D: Costs vary by plan and provider.

8. How can I find the best Medicare plan for me?

Our licensed expert Matt can help you compare plans and find coverage that fits your healthcare needs and budget—for free!