Vets win BIG in 2020!!
The big news this year is the introduction of PREMIUM GIVE BACK plans (also known as Part B Premium Reduction plans)
What is a Premium Give Back Plan?
Every person on Medicare is required to pay for Medicare Part B. This is automatically taken from your monthly Social Security check or you pay it quarterly. Medicare Advantage (Part C) plans may choose to offer to reduce its members Medicare Part B premium by giving back a portion of that monthly premium.
There are plans available this year that pay back up to $55 per month! Lowering your Part B Premium to $89.60!
You get Over-the-Counter items and Dental Coverage too!
In addition to this Part B reduction many of the plans available this year also offer coverage for over-the-counter (OTC) items such as aspirin, cough syrup, allergy medicines like Flonase and more. These OTC programs also provide things like knee braces and supports, rubbing alcohol, thermometers, blood pressure cuffs, and even toothpaste and toothbrushes!
Some plans offer $1,000 to $2,000 in dental coverage this year and these are all available for a $0 cost monthly premium plus the give back on your Part B premium.
So, why are these plans ideal for veterans and not for everybody?
If you’re a veteran then you are able to get your prescription drug coverage through the VA system. Many of the plans that offer the Part B Reduction do so by not covering your prescription drugs.
So, if you need prescription drug coverage, these plans would not be the best choice for you. There are many other plans that offer these same benefits and include prescription drug coverage so shop around. You might find a much better plan this year!
If you are a veteran or know a veteran who also has Medicare it would be wise to look at these plans to see if it would be a good fit. You could be missing out on some great benefits!
Want to know more?
If you would like to talk to me or schedule a meeting, you can reach me at 207-370-0143 or use the simple form below to send an email message.
The best part about working with me is that it will not cost you anything to discuss your options or to review the plans that are available. I am paid by the insurance companies in the form of a commission if you enroll in a plan. Just like your car insurance agent!
I will help you shop around to find the plan with the best price and the most benefits. My goal is to help you and I have found great joy in being able to offer my services to people who need my help.
If you are turning 65 this year or retiring, you may have questions.
Call me today and I will be happy to explain all your options and help you compare plans so you can choose the coverage you need for a price you can afford.
Schedule a phone call or an in-person meeting.
I can answer all your questions over the phone or we can meet face-to-face and I can help you with everything you need to know. I have all the forms and applications you need and I can also help you complete them.