Medicare Insurance

We help individuals plan for the unexpected and protect what matters most. Your coverage will be determined based on your age, circumstances, and individual needs. We continue working with you as those needs change, reviewing your policies annually to ensure they remain aligned and cost-effective. We also help you navigate insurance carriers and quotes to identify the best value without sacrificing protection.

Medicare Insurance

Medicare eligibility starts at age 65, but you can begin the filing process up to three months prior to your 65th birthday.

Medicare is broken out into a handful of parts, some of which are optional:

Part A

Covers hospitals
Generally free to most people

Part B

Covers doctors, medical care, etc.
Monthly premium, paid out of pocket or withheld from Social Security benefits

Part D

Prescription drug coverage
Monthly premium, paid out of pocket or withheld from Social Security benefits
Optional; should be reviewed annually

Medigap

Covers elements that Part B does not
Referred to using letter (i.e., Plan A- Plan J)
Differ in terms of coverage and cost

What About Part C?

Some folks elect to forego traditional Medicare and instead use Medicare Advantage Plans ("Part C").

The decision to use a Medicare Advantage Plan instead of tranditional Medicare can be complicated and should be approached with the appropriate amount of analysis and discussion.

You can begin the enrollment process for Basic Medicare (Parts A and B) at Medicare.gov. We can talk about your options and Part D and Medigap with the help of our Insurance Specialist on staff.

Why You Shouldn't Wait To File

You can wait to file, but doing so could potentially result in late enrollment penalties, which can be costly and last for a very long time. That's why it's usually better to begin the process of filing for Medicare as soon as you're eligible.

The possible exception is if you continue to receive health insurance through an employer, though if that applies to you, we will examine your health insurance benefits to see if you're required to apply to have Medicare as your primary coverage.

Medicare vs. Medicaid

The terms Medicare and Medicaid sound similar but are two very different things. Learn the differences in this informative article.

Learn More

Breaking Down the Parts of Medicare

Medicare is broken down into four specific parts—but what do they mean? This article will help you understand each piece.

Learn More

The A, B, C, & D of Medicare

Learn about all the parts of Medicare with this informative and enjoyable article.

Learn More

Questions to Ask About Medicare

Take the guesswork out of your IEP or SEP with this helpful article.

Learn More

*Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network®.

Insured at Every Age: Starting Out

The transition to adulthood is an exciting time that marks true independence. You may have just graduated from college, started a job, or even rented your first apartment. With this new freedom comes some real responsibility, including protecting yourself from the financial risks that life presents.

Download The Guide Here

Insured at Every Stage: Getting Married

Marriage changes everything, including insurance needs. Even if you and your spouse lived together and shared expenses while dating, you may have new responsibilities - and opportunities - for your insurance policies. Explore the below guide to better understand the insurance landscape after marriage.

Download The Guide Here

Insured At Every Age: Raising a Family

For many of us, starting a family is one of the most joyful stages of life's journey. While this period is marked by excitement and optimism towards the future, it's also a period of transition in which we take on an unprecedented level of responsibility and financial obligation. This guide walks through what to consider to ensure you're protecting your family from whatever life may throw your way.

Download The Guide Here

Insured at Every Stage: The Golden Years

Later adulthood brings with it just as many changes and opportunities as the bloom of youth. Whether you have children or not, approaching retirement has a way of crystallizing your financial focus. This guide walks through protecting against an array of financial risks, including health care.

Download The Guide Here