Medicare. Doctor, Now It's Your Turn To Be A Beneficiary.

In general, there is a SEVEN MONTH window when you need to enroll in Medicare.  The month of your birthday, and the three months before and three months after that birthday month. 

For example, if your birthday is in August, your enrollment period is May to November of the year you turn 65. 

It's IMPORTANT that you enroll during this time to prevent incurring penalties that can be imposed on part B insurance and part D drug coverage, which increases your cost for your entire time while on Medicare.

Also it's important to sign up during the 3 months BEFORE your 65th birthday to avoid any "gap" in Medicare part B which may occur from delay in your part B enrollment. 

Learn more here about enrollment:
https://www.medicare.gov/blog/medicare-enrollment-period-2020

https://www.medicare.gov/sign-up-change-plans/how-do-i-get-parts-a-b/part-a-part-b-sign-up-periods

Medicare has several parts. 

Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care. <click for more info>

Part B covers certain doctors' services, outpatient care, medical supplies, and preventive services.  <click for more info>

Part "C" is the designation for a Medicare "advantage" plan.

Part D is for drug coverage. <click here for more info>

What Medicare Health Plans Cover (click for more info)

What Medicare Health Plans Do NOT Cover (click for more info)

Medicare is the federal health insurance program for:

• Individual 65 or older
• Certain younger people with disabilities
• Those with End-Stage Renal Disease

Learn more here: https://www.medicare.gov/what-medicare-covers/your-medicare-coverage-choices/whats-medicare

WhiteCoat Risk Management offers what it believes is the best option for physicians, plan G Medicare Supplement and access to Medicare part D coverage.

Plan G supplement provides the greatest level of coverage for individuals who are likely to have a robust retirement with travel and a high level of activity.

While other supplement plans are available, we believe that they are too limiting for most physicians in their retirement.

Medicare part D, drug coverage, is provided through an affiliate of WhiteCoat Risk Management, where you can work with an individual who is highly knowledgable in part D, helping you select the best plan for your needs.

WhiteCoat Risk Management does not provide or represent Medicare Advantage plans.  While they may be of value to some persons, we believe that the geographic range of coverage and other limiting factors render these plans less desirable for physicians.

To learn more about other Medicare supplement insurance options, <click here> .  If you are looking for non-G plan, you may contact WCRM for information on other insurance producers who sell those plans.