Parts of Medicare
This Medicare part covers inpatient hospital stays
What is Medicare Part A?
This enrollment period lasts seven months around a person's 65th birthday
What is the Initial Enrollment Period (IEP)?
What are services not generally covered by Original Medicare?
Routine vision, hearing, and dental services are examples of these
This Medicare part covers doctor visits and outpatient services
What is Medicare Part B?
This enrollment period runs from October 15 through December 7
What is the Annual Enrollment Period (AEP)?
This plan type offers the most flexibility for out-of-network care
What is a PPO?
This Medicare part is also known as Medicare Advantage.
What is Medicare Part C?
This enrollment period runs from January 1 through March 31 for Medicare Advantage members.
What is the Open Enrollment Period (OEP)?
This program allows members to spread prescription costs into monthly payments.
What is the Medicare Prescription Payment Plan (M3P)?
This Medicare part covers retail prescription medications.
What is Medicare Part D?
This enrollment opportunity is triggered by qualifying life events
What is a Special Enrollment Period (SEP)?
Going 63 days or more without creditable drug coverage may trigger this penalty.
What is the Part D Late Enrollment Penalty?
What Letter of the alphabet covers medigap?
G
Name 3 types of special enrollment periods
Move
Incarceration
loss/gain of coverage
ect
Beneficiaries with Medicaid, SSI, or a Medicare Savings Program often qualify automatically for this
What is LIS (Low Income Subsidy)?
How much Collective Medicare Experience does the Inside Sales Team have
46 Years