Page 48 - July 2023 Issue.indd

Maryland House Bill 247, also known avoid a lapse in coverage. Remember
as the Birthday Rule, provides the that a carrier may not cancel, or not
opportunity to switch to a different renew, your sup policy other than for
Spot provider, on an annual basis, during make sure your monthly premiums are
non-payment of premium. Th erefore,
Senior Medicare supplemental insurance
paid up to the cancellation date and that
the month of your Birthday! It entitles
beneficiaries to change to the same type your new policy payment structure is in

of policy (i.e., one can transfer their place. Don’t put the cart before the horse
Senior Moments current expensive “G” to a “G” with a and end your existing policy until the

different company and lower premium) new one is fully set up!
by Mary Moran or to reduce coverage from their current
410-479-2535 or 410-490-3078 type of Medicare Supplemental policy What makes this such a sweet deal is
(i.e., a high deductible “G” to a regular that as you shop for a new policy using
“N”) within 30 days following their this SEP, the brokers/ agents you contact

After the longest spring I can remember, cannot ask any medical questions. You
birthday! Your current insurance carrier
summer has finally arrived! With it will cannot be denied due to current health

is required to notify you at least 30
come the higher electric bills associated status, your past claims, or medical
days prior to, but no more than 60 days
with air conditioning and running fans! before, your birthday month. conditions that result in your receiving
Here’s a friendly reminder that July is the health care. Because brokers have a
month to recertify your membership or Please note that this SEP only applies fiduciary responsibility to their clients,

apply for Maryland Energy Assistance to those who have a birthday aft er July the personalized service off ered should
(MEAP) to help pay those bills! Contact 1. Those with birthdays prior to July ensure that you fully understand each
Mary Moran at the above numbers or 1, will have to wait until next year to of your options when seeking to change.
call Caroline County’s MEAP office, take advantage of this Birthday month Once you make an educated decision,
410-819 4484, for applications and more Special Enrollment Period. they will move into the process of
information about this helpful program. seriously shopping for the best plan for

Those eligible beneficiaries who wish to you from the available pool of insurers.
BIG NEWS! Beginning on July 1st, change companies and/or Supplemental
Medicare Beneficiaries have an plans should contact their Medicare The only medical underwriting
exciting opportunity to save money Insurance broker the month before exception to that rule is they may ask
on their Medicare Supplemental plans! their birthday so it will go into eff ect if you currently smoke! Those who are

Maryland joins six other states in on day one of their birthday month. currently smokers will most certainly
granting a Special Enrollment Period Once the new policy has been set up and be denied coverage and will not benefi t
(SEP) to policyholders who have a approved with another company, it is the from changing plans or companies.
Medicare Supplement Plan during the beneficiary’s responsibility to notify the Therefore, if you are a current smoker,

30 days of your birthday month! old company and cancel, in writing, the you will have to stay put with the
previous policy. Make the cancellation company you currently have to keep
date the start date of the new policy to supplemental coverage. Another good
reason to quit, folks!
TURNING 65? The other stipulation is that the new

rates will be determined by one’s age.
Confused about all the Medicare Terms & Options? So, the monthly savings an 80-year-old
will experience will be different than
Let Me Help You!
the premium savings of a 70-year-old.
Just because your younger neighbor
is getting a great deal going with
Anthony Insurance Services company ABC doesn’t mean that

Ann M. Anthony company is the right choice for you!
Let your brokers know that you need
a complete understanding of what
your federally standardized Medicare
Specializing in Medicare Supplemental Plans,
Supplement options are. Above all,
Medicare Advantage Plans, Medicare Part-D Plans, don’t move to a diff erent plan without
Dental and Vision, Long Term Care, and Life Insurance fully understanding the coverage of that
Call Ann Today for an Appointment 410-708-0899 • anthonyins17@gmail.com diff erent plan.
22850 Fleming Road, Denton, MD 21629

48