VA or Medicare? Do you need both?

For FREE help finding a Medicare plan,
Click here or call 1-800-729-9590.

Get free help:
1-800-729-9590 We help seniors and we do not charge money for our services. Insurance agents are all compensated by insurance carriers, just like your auto insurance agent, homeowner's agent, etc. We specialize in Medicare.

Do you need Part B if you have VA coverage?
Does VA coverage mean you do not need Medicare?

You SHOULD sign up for Part B while you can. Why? When you need Part B (Medicare) later, you will be restricted to a "general enrollment period" which starts January 1 and ends March 31. Then, you must wait until July 1 of that year for the Part B coverage to start.
The BIG problem is the penalty for not having Part B back to the time you were in your Initial Coverage Election Period (when you turned 65).

If you are on qualifying Employer coverage, however, (generally 20+ employees in the group), Part B coverage is optional. As it is creditable coverage, when you decide to leave that employer plan, you will get a "Special Election Period" to start Part B on the first of the month after your group coverage ends (assuming you apply in time for this to happen).

When you start Part B, that effective date triggers your automatic availability of getting Medicare Supplement ("Medigap") insurance without any health qualification. So, whether you sign up for Part B when you are turning 65, or leaving your employer plan later, or signing up for the "general enrollment period" that would start July 1st, you can then get a Medicare Supplement plan (for a limited time) without any health questions, whatsoever.

We help with Medicare insurance. If you have questions or need a recommendation, please call me at 1-800-729-9590. We are in most all states and you can call 24 hours a day. We are not here 24 hours a day, but if you leave your information, after hours, we will call you back immediately upon our return.

Thank you for watching.

Christopher L. Westfall, Sr. RFC®
Senior Savings Network
1-800-729-9590

VA or Medicare? Do you need both?

 

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