Our goal is to give you the tools and confidence you need to improve your health and finances. Although we may receive compensation from our partner insurance companies, whom we will always identify, all opinions are our own. CoverRight Inc. and CoverRight Insurance Services Inc. (NPN: 19724057) are collectively referred to here as "CoverRight".
In this Medicare 101 video CoverRight CEO, Richard Chan discusses the basics of Medicare and covers Selecting and Enrolling in Your Medicare Plan On-time and Penalty-Free. This presentation was done in collaboration with GetSetUp. After this session, you will be able to:
- Understand why you should get your Medicare A&B squared away early
- Define your IEP and why it is important along with actions you should take during this time period
- Establish when coverage starts
- Explain why waiting to enroll later in your IEP can still cost you more money even if it will be penalty-free
- Be ready to enroll in Medicare on time and penalty-free
- You will know the difference between Medicare parts (A, B, C, D etc.)
- Learn about the different enrollment windows and who can make changes during those times
- Have a deeper understanding of the Medicare Drug plans (what they cover, how they are priced, and what you’ll pay) and more
