Page 1 - Cover Letter and Evaluation for Richard Hain

April 26, 2018

Mr. Richard Hain
4000 Capitol Drive
Fort Collins, CO 80526

Dear Mr. Hain:

Your Medicare evaluation is enclosed. Please check the information on the client data sheet on
page 5 to make sure it is correct.

Enrollment issues

When we spoke on the phone I recall that you indicated that you are considering switching
from your wife’s employer coverage to Medicare for your primary insurance when you turn 65
in September. As you probably know, if your wife is working for a firm that has 20 or more
employees, you can continue to be covered by her employer plan so long as she is working.

If you decide to switch to Medicare as your primary coverage in September, you might first
want to make sure that you understand the tradeoffs you might be making. Your wife’s
employer plan may include dental/vision benefits that you cannot get with Medicare or even a
Medicare Advantage plan. Also, your wife’s employer may not offer Medicare supplemental
coverage as a retiree benefit, but in case the employer does, you would want to make sure that
you are not unintentionally forfeiting it because the employer’s rules will not allow you to re-
enter the plan.

Finally, if you do decide to switch to Medicare as your primary coverage, you can call Social
Security at 800-772-1213 after June 1 to let them know you want to enroll in Part A and Part B
effective September 1. You will receive your Medicare card a couple of weeks after you call, and
it will show an effective date of September 1. If you decide not to switch to Medicare and
instead to remain on your wife’s plan, you can still enroll in Part A, which is free for most
people – although if you are contributing to a Health Savings Account you will have to stop your
contributions if you enroll in Part A.

Choosing your supplemental coverage

You indicated that you would like to see comparisons of both types of supplemental coverage –
1) a Medigap policy combined with a Part D stand-alone plan and 2) a Medicare Advantage
plan. Once you’ve decided on the plan(s) you want, you can enroll as follows: