I Have an Insurance Agent, Why Do I Need a Medicare Specialist?

Turning 65? Pay attention to important dates and ask if you have questions!

We often get the question, "Why do I need to work with a Medicare Specialist?". There are many reasons, not to mention it's FREE to get the extra help, but here's an example of a recent situation we faced with a client that provides another example as to why it is important to work with a specialist.

The Situation

A small business owner has had a health insurance agent for a decade. He did a fantastic job with their family health insurance coverage. Mr. Business owner is turning 65 on April 1. The health insurance agent suggested that he do nothing regarding enrolling in Medicare and proposed putting the business owner on a short term policy to provide him coverage until April 1.

The Problem

Mr. Business owner's birthday is actually April 1. When your birthday falls on the first of the month, your Part B with Medicare becomes effective on the 1st day of the prior month. In this case, March 1.  

Problem:  Mr. Turning 65 Business Owner DOES need to contact Social Security to apply for his parts A and B, as he is not drawing Social Security benefits at this point

My husband had a double knee replacement last year. To perform the surgery, he found an Orthopedic surgeon that only does knee replacements. Not feet, not backs, not elbows – only knees. Think of that along the lines of insurance. A health insurance agent can do a terrific job with your healthcare planning up until age 65. Then, find a Medicare specialist to take over who is an expert in the ins and outs of the complicated processes of Medicare. It's in your family's best interest.