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MEDICARE IN A NUTSHELL
A non-government site powered by SMRTPlanning, a retirement planning office.
​
A 45 minute Educational Workshop
Join us by choosing your location.
What are my options?
Original Medicare
Medicare Parts A & B
Your group may require Medicare Parts A & B
Part D Prescription Drug
Plan may be included or
purchased separately
Employee or
Retiree Group Coverage
You must have
Medicare Parts A & B
Part D Prescription Drug
Plan can be purchased separately
Medicare
Advantage Plan
You must have Medicare Parts A & B
Part D Prescription Drug
Plan may be included,Â
purchased separately or
prohibited
(HMO,HMO-SNP,PPO,
PFFS)
Medicare
Supplement
Medigap Plans A-N
Medicaid and Medicare
Advantage Plan
You must have Medicare Parts A & B
Part D Prescription Drug
Plan is included
(HMO,HMO-SNP,)
Assign (transfer) Medicare
Your next two options involve a choice...
Supplement Medicare
Step 2 & 3
If you choose to supplement Medicare, you may select one of two options if available to you.
You may choose a federally standardized Medicare Supplement also known as Medigap or group insurance from your current employer ( employer group) or a previous employer (retiree group).
Supplement Medicare
Employee or
Retiree Group Coverage
Your group may require Medicare Parts A & B
Part D Prescription Drug
Plan may be included or
purchased separately
You must have
Medicare Parts A & B
Part D Prescription Drug
Plan can be purchased separately
Medicare
Supplement
Medigap Plans A-N
Step 4 & 5
If you choose to replace your Medicare benefits, you may choose one of two options, If available to you. You may choose a federally standardized Medicare Advantage Plan, also known as Part C, or Medicare if you qualify financially.
Assign (transfer) Medicare
Medicare
Advantage Plan
You must have Medicare Parts A & B
Part D Prescription Drug
Plan may be included,Â
purchased separately or
prohibited
(HMO,HMO-SNP,PPO,
PFFS)
Medicaid and Medicare
Advantage Plan
You must have Medicare Parts A & B
(HMO,HMO-SNP,)
Part D Prescription Drug
Plan is included
Some things to keep in mind
Keeping
your
Doctors
Is keeping your doctors important?
1. Search all Medicare Advantage networks in your geographic area to determine the networks in which your doctors participates.
2. If you find your doctors, then you may consider the Medicare Advantage plans a viable option.
3. If you do not find your doctors you may consider Medicare and a Medicare Supplement (Medigap) your viable option.
Saving on
Drugs
Is saving money on prescription drugs important?
1. Make a list of exactly what you take. The exact name of the drug, the dosage and amount needed for each day. If mail order is more cost effective the plan will reveal the results automatically.
2. Visit Medicare's website (www. Medicare.gov) to review every drug plan from every company at the same time.
Saving on Monthly Premiums
Would having the lowest monthly premium be important?
1. Schedule time with one of our certified planners to review every plan from every company at the same time. We are available via chat, Facetime, in person, Skype or telephone. We will likely save you thousands in unnecessary premiums, co-pays and deductibles.
2. Attend an informational workshop in your area.
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