Medicare was created as part of the 1965 Amendments to Social Security that created Medicaid. Medicare is Health Insurance Coverage (Hospital Part A and Medical Part B) for people 65 or older, certain people under 65 with disabilities, and people of any age with End Stage Renal Disease(ESRD) and Lou Gehrig’s Disease, ALS. It was put into place to supplement Social Security which came about in the 1930’s under Roosevelt. Your first chance to get usually begins 3 months before you turn 65 and ends 3 months after. But there are other Special Enrollment Periods(SEPs) when you can enroll as well.
You can only enroll in Medicare at certain times, and the cost can go up the longer you wait. Signing up late can mean a lifetime of penalties and delays in when your coverage can start. Deciding to enroll is an important decision and largely depends upon the coverage you have now. If you are already collecting Social Security or getting benefits from the Railroad Retirement Board(RRB), you will be automatically enrolled.
Mike Miligi- Owner- Michael M Insurance Services
For over 10 years, Mike has been assisting Seniors and other Medicare-eligible individuals in understanding the ins and outs of Medicare Health Insurance options, including Advantage Plans(Part C), Medicare Supplement Plans(Medigap), Prescription Drug Plans(Part D), and Dental and Vision programs.
Mike is Licensed in seven States and Certified with 11 Insurance Carriers. He has helped thousands of individuals decide on the best course of action for their particular Health Insurance needs. Because Mike is an Independent Medicare Health Insurance Broker, he works for the client, not the Insurance Carriers, and is able to provide his clients with accurate and unbiased Health Insurance options.
