Medicare Agent Midtown East, NY

Grand Central Terminal
Grand Central Terminal

Medicare is the government national health insurance program in the United States,it began in 1965 under the Social Security Administration (SSA) and now administered by the Centers for Medicare and Medicaid Services (CMS). It primarily provides health insurance for Americans aged 65 and older, but also for some younger people with disability status as determined by the SSA, including people with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig’s disease).

Medicare Midtown East , NY

Original Medicare can be confusing for many people. Unlike any insurance we have had earlier in life Medicare is broken into parts. These parts are hospital Part A & Medical Part B, this is what is considered original Medicare. Part A covers hospital stays and other inpatient needs like skilled nursing facilities. Part has a deductible that must be met before Medicare covers your stay. Part B of Medicare covers outpatient services like doctor visits. Part B has an annual deductible and then has a 20 percent coinsurance. Your local Midtown East Medicare agent can help you understand all of Medicare’s A,B,C & D’s of Medicare.

Understanding Medicare Plans in Midtown East, NY

Craig Smith has been a long time local Medicare agent in Midtown East, NY & his team of agents can fully help you understand your coverage options. They can help you understand the key difference between Medicare Supplement plans, Medicare Advantage plan as well as Part D stand alone drug plans.

Medicare Advantage Agent in Midtown East, NY

Medicare advantage plans are an option to receive all of your Medicare benefits through a private insurance carrier. The plans all have contracts with Medicare and will cover everything that original Medicare covers as good or better. These plans will also cover part D drugs most of the time as well. Medicare Advantage plans typically have networks like PPO, HMO, HMO-POS or PFFS. There are usually over 20 plans to choose from in Midtown East and your local Medicare agent can help compare & shop the various plans to make sure you get the plan that fits your needs best.

Medigap Agent in Midtown East, NY

Medigap plans help cover the gaps in original Medicare’s coverage.Typically carriers offer 10 different types of Medigap/Medicare Supplement plans which are all named after letters. These plans are standardized which means any carrier that offers Plan N will offer the same exact benefits as any other company offering Plan N. New York is a Guaranteed issue state so our premiums for Medigap plans tend to be the most expensive in the country. Craig Smith Insurance Group can help you shop and compare rates to help you get the best rate.

Medicare Part D

Medicare Part D is an opt-in program and it can be acquired either through a Medicare Advantage Plan or through a stand alone Part D Plan. Stand alone part D Plans are offered through many of the same private carriers that offer Medicare Advantage and Medigap plans. There are usually close to twenty different Part D plans offered in New York state. Each plan follows a Government standard coverage model, but they all have different formularies. So it is very important to make sure you check your options vs the prescriptions you take to be sure you get the right coverage option. This is one of the services provided by Craig Smith Insurance Group.

Benefits of Using a Medicare Agent

Our team of Medicare agents provide expert advice and consultation on all areas of Medicare. Our team specializes in Medicare and consists of several experienced independent agents. This allows our agents to advise on coverage provided by all the major Insurance carriers as well as many of the local ones as well. We have great working relationships with all of our carrier partners which helps us assist our clients with any customer service issues throughout the year.