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Types of Medicare Advantage Plans - 🧠 ANSWER ✔✔PPO, HMO, MSA,
Cost Plan, PFFS
Medicare-Medicaid plans - 🧠 ANSWER ✔✔Serve both Medicare and
Medicaid individuals. Include Part D coverage. Individuals sometimes
referred to as dual eligibles
Medicare Cost Plan - 🧠 ANSWER ✔✔Type of Medicare health plan. Have
Part B to enroll. Can join anytime plan is accepting new members. A non
, network provider will can charge higher coinsurances and deuctibles.
Different enrollment/disenrollment periods apply. Can get Part D Rx
coverage if available, or apply for a separate PDP.
Medicare Entitlement/Enrollment - Part A & Part B - 🧠 ANSWER
✔✔Individuals with ESRD may sign up at anytime. Date on which coverage
begins is the fourth month after dialysis begins.
Medicare Enrollment Period - 🧠 ANSWER ✔✔Individuals who do not enroll
in Part B when first eligible can enroll during a General Enrollment Period,
Jan 1st to Mar 31st each year. Coverage begins July 1st of that year.
Medicare Enrollment Period - Group Health Coverage - 🧠 ANSWER
✔✔Individuals who have group health coveage through employer may
enroll in Part A and/or Part B anytime while on group coverage during a
Special Enrollment Period. Occurs during the 8 month period following last
month of group coverage.
Medicare Part A Premium - 🧠 ANSWER ✔✔Free if worked 40 quarters of
your life and paid Medicare taxes. Premium is $240.00 for individuals or
spouses who paid Medicare taxes for 30 - 39 quarters. Premium is $437.00
for less than 30 quarters.