Val Trca - Senior Insurance Advisor

Turning 65 soon? Starting to feel overwhelmed by your Medicare choices? Contact us today to request a no obligation consultation.

A Medicare Cost Plan is a type of Medicare health plan available in some areas. In a Medicare Cost Plan, if you get services outside of the plan's network without a referral, your Medicare-covered services will be paid for under Original Medicare (your Cost Plan pays for emergency services or urgently needed services).

An excess charge is if you have Original Medicare, and the amount a doctor or other health care provider is legally to charge is higher than the Medicare-approved amount, the difference is called the excess charge.

A Medicare approved amount is in Original Medicare, this is the amount a doctor or supplier that accepts assignment can be paid. It may be less than the actual amount a doctor or supplier charges. Medicare pays part of this amount and you’re responsible for the difference.

Fast Fact: There are different times to enroll in an Advantage plan throughout the year, including your Initial Enrollment period, the Annual Election period, and more.

When you enroll in an Advantage plan (Medicare Part C), you agree to receive your Medicare benefits through that private plan instead of through Original Medicare.

Feeling confused about your Medicare options? Let us educate you on your options. Request a no cost consultation today!

The deductible is the amount you must pay for health care or prescriptions before Original Medicare, your Medicare Advantage Plan, your Medicare drug plan, or your other insurance begins to pay.

Fast Fact: Whether you qualify for Medicaid coverage depends partly on whether your state has expanded its program. Medicaid benefits, and program names, vary somewhat between states.

Lost in the Medicare plan maze? Let us educate you on your options. Request a no cost consultation today!

Fast Fact: You cannot contribute to a health savings account if you have ANY part of Medicare active. You also cannot accept any contributions from an employer if you have active Medicare.

Reminder: Medicare isn’t mandatory, but delaying enrollment may come with penalty fees. Therefore, it is wise to explore all your options before postponing coverage.