Turning 65 is exciting for most people. This is a birthday that many do not dread. They know they will be able to start the Medicare program. On the first day of their birthday month, Medicare will send them a card that will help cover medical bills. If they do not have their social security yet, they will have to pay for some of the coverage. They can continue to keep private insurance if they choose or they can use the Medicare. Although it is a great option there are still some hidden costs. The coverage will not cover glasses or hearing aids. Dental work will also need to be taken care of by the individual.
Most people choose to buy supplemental insurance. It is possible to do this within a window of time after taking Medicare. Although supplemental insurance is run by private companies it is regulated by the government. There are several different plans available and the private companies offer a selection of them. The important thing to remember is that all the plans are the same but some offer different things. The prices will vary and it is important to shop around to find the best and least expensive policy.
Each year it is possible to change supplemental insurance plans. It is called open enrollment. Often prices change and it is important to make sure that the current policy is still going to provide the coverage needed. This premium will be paid to the insurance company and will not cover medications. It is possible to buy a drug program and for some people this is a necessary thing to do. Others who use very few medications will want to delay buying this coverage. A good agent will be able to explain all the options available and it is important that each senior citizen looks responsibly at what is offered.