Page 56 - November 2023 Issue.indd

above numbers for a free and safe Know that Advantage is not original
enrollment period. Medicare. Original Medicare is run by
the federal government and includes
Spot Federally funded program designed to purchases a Supplemental, or “Gap”,
Senior Extra Help (Low Income Subsidy) is the “A”,” B”, & “D”. Generally, one also
keep Medicare prescription drug costs
policy through private insurance
down. It caps the cost of generic and
Brand-named drugs and prorates the providers to pay for the “A” Hospital
coinsurances and “B” 20% copays
Senior Moments cost of the annual Part D deductible associated with original Medicare.
by Mary Moran and monthly Part D premium. Th ose Those who have worked for 10 years,

410-479-2535 or 410-490-3078 who receive Extra Help will receive an or 40 quarters, do not pay a premium
“Evidence of Rider” notice from the for part “A” (admitted patient hospital
With fall comes Open enrollment! It plan they are enrolled in. Th is Evidence coverage). The monthly premium for

began October 15th and runs through of Rider letter must be taken to the Part “B” (all outpatient medical care)
December 7th. The clock is ticking, pharmacy as proof that one is receiving generally comes off the top of one’s
folks! Contact Mary Moran for forms Extra Help. Otherwise, they will pay the monthly social security benefit. The
to simplify the process for you! full plan price for their medications. coverages for some services and certain
drugs covered under “B” expanded
Open Enrollment is the opportunity For those whose income is too high for in 2023, and more expansions will be
for Medicare beneficiaries in original Extra Help, now is the time to sign up added in 2024. Part “D” (prescription

Medicare to do the annual checkup on for the Maryland Senior Prescription drug coverage) establishes a set
their current prescription drug plan Drug Assistance program and get up monthly premium for the year. The
for changes in 2024. It is important to $75 per month paid toward your “D” premiums change each year. Th e
to evaluate your medication tiering prescription drug premium!
“D” premium for original Medicare
changes, premium and drug cost coverage is paid from one’s Social
changes, and pharmacy statuses since Medicare Advantage is health coverage
which is contracted out to Private Security Check, can be paid directly to
these all change every year.

Health Care Systems by CMS, the the plan by the beneficiary, or is paid
Anyone who needs assistance and Center for Medicare and Medicaid through Extra Help or SPDAP.
information about their current and Services. Advantage is what you see Advantage is run by private health
future drug plan options, the state’s being heavily advertised on television, care companies who want your
SPDAP program, federally funded radio, the internet, and is what fl oods business and spend a ton of money
Extra Help, alternative health care your mailboxes with paper advertising nationally advertising the perks of these
through Medicare Advantage, or in the Fall. They largely refer to corporate plans. Because it is a national
enrolling in Original Medicare and themselves only as Medicare, which advertising blitz, the information is
Medicare Savings Plans, should call can cause confusion for those seeking a generally not specific to local coverage,

your local SHIP, Mary Moran, at the way to cut Medicare costs and increase so one must be very careful when
coverage.
deciding to go with Advantage. Know
that Advantage coverage is based on
TURNING 65? regional territories. Most Advantage

plans only cover certain counties, and
Confused about all the Medicare Terms & Options? it is most successful in highly populated
areas. Since Caroline County is rural,
Let Me Help You!
you must be sure the plan will actually
deliver the advertised coverage in the
county you live in. It is very important
Anthony Insurance Services that beneficiaries contact each and every

one of your doctors, local diagnostic
Ann M. Anthony facilities, and hospitals of choice, to
confirm that they accept the plan you

are considering.
Specializing in Medicare Supplemental Plans,
Medicare Advantage Plans, Medicare Part-D Plans, Most, but not all, Advantage plans
Dental and Vision, Long Term Care, and Life Insurance include prescription drug coverage.
Call Ann Today for an Appointment 410-708-0899 • anthonyins17@gmail.com There is usually a separate monthly
22850 Fleming Road, Denton, MD 21629 premium for the drug coverage within

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