Financial Advice Blog

Understanding Medicare Basics

by Community Manager  |  San Antonio, TX  |  ‎10-15-2013 02:16 PM

Medicare can be confusing so it helps to break it into its component parts.

Comments
by Alaska White Bear ‎10-23-2013 10:47 AM

Basic question:  If I am supposed to sign up for Medicare, how do I?  I have gotten tons of mail from providers asking me for my business but I still don't know how to sign up for Medicare and what that intails.  No one is out there providing this information.  What do I do?  Do I go on line to some Medicare site and fill out an application?  Is this all I do or do I have to do more?  I am currently employed and I turn 65 in a few days.  I do have company provided insurance and will be employed for at least five or more years.I am confused and have no idea what I am supposed to do.

by Community Manager ‎10-24-2013 04:57 AM - edited ‎10-24-2013 05:20 AM

Thanks for the follow-up (and Happy Birthday)!  

 

You can apply for Medicare online or at a local Social Security office. Check out this page of the Social Security website and this brochure from the Social Security Administration for more details.

 

Best of luck to you!

 

Scott

by Christopher ‎01-07-2014 07:31 AM
I recently turned 65 and went through the process. Pretty easy on line but that's where the fun stopped. I was on Tricare prime and retired and set to change location. The issue is too find a Medicare provider. Easy? No way! Many doctors have stopped taking the program because of the low reimbursements and the flood of applicants with the health care debacle. If you have a Dr that takes Medicare consider yourself lucky. Additionally the Medicare website is a joke with numerous errors and out of date information for finding providers. If you ask me, us Tricare For Life beneficiaries are in trouble. We are in the sights of this administration. JMHO