SDP Insurance Agency

What is Medicare Part B?
Medicare Part B covers outpatient medical services, including preventative care, visits to your doctors, lab testing, and more.

What is Medicare Part C?
Also known as Medicare Advantage, the Part C program is a form of managed care that allows Medicare beneficiaries to get their Parts A and B benefits through a private insurance plan and its network of providers. Many Part C plans offer a built-in Part D drug plan.

What is COBRA?
Consolidated Omnibus Budget Reconciliation Act (COBRA) insurance offers retirees an opportunity to extend their former employer’s health coverage for a number of months after they have retired, usually at their own expense.

Turning 65 soon? Confused about your Medicare options? Contact us to request a no cost consultation.

What is the Annual Election Period?
The Annual Election Period (AEP) is the period that runs from October 15 – December 7 each year. Medicare beneficiaries can enroll in, change, or disenroll from a Medicare Advantage plan or Part D drug plan.

What does Dual-Eligible mean?
To be dual-eligible means to be eligible for both Medicare and Medicaid.

What is Medigap Attained-Age Rating?
Attained-Age Rating is a rating class in which a Medigap insurance company determines the rate based on your current age (the age you’ve “attained”). Your premiums tend to go up as you get older.