Congratulations on your move! Whether you’re embarking on a new adventure across the country or settling into a local retirement community, it’s an exciting time. But amidst the packing and planning, don’t forget about your Medicare plan. Moving can impact your Medicare coverage, so understanding your options and taking the right steps is crucial.
What Happens to Medicare When You Move?
The good news: Original Medicare (Parts A & B) travels with you wherever you go within the United States. It’s a federally funded program, so your coverage remains intact regardless of your location. However, there are some important details to consider:
- Network Changes: While Original Medicare itself remains constant, the network of doctors and hospitals participating in Medicare (your in-network providers) may change depending on your new location. Always verify if your current doctors accept Medicare in your new area. You can do this through the Medicare website (https://www.medicare.gov/care-compare/?providerType=Physician&redirect=true)
- Medicare Advantage (Part C): These private insurance plans offered by approved companies may not follow you to your new state. Medicare Advantage plans have limited service areas, so moving outside of your plan’s coverage area means you’ll lose coverage.
What to Do Before You Move
Here are some key steps to ensure a smooth transition with your Medicare coverage:
- Plan Your Move Date: Knowing your move date allows you to explore your options with sufficient time.
- Contact Medicare: The Social Security Administration (https://www.ssa.gov/) handles Medicare enrollment. Call them at 1-800-MEDICARE (1-800-633-4227) or visit their website to update your new mailing address. This ensures you receive important information about Medicare and your plan options.
- Research Medicare Advantage Options: If you have a Medicare Advantage plan and are moving out of state, research new plans available in your new location. Senior Financial Group can be a valuable resource in helping you compare plans and find the best fit for your needs. (https://sfgmedicare.com/)
- Consider Special Enrollment Periods (SEPs): Moving qualifies you for a Special Enrollment Period (SEP) This allows you to enroll in a new Medicare Advantage plan outside of the usual enrollment window (October 15 – December 7). You have a limited window to utilize your SEP, so be sure to research and choose a new plan promptly after your move.
Moving into a Nursing Home or Assisted Living Facility?
Your Medicare coverage may also be affected if you move into a long-term care facility like a nursing home or assisted living. Here’s a breakdown:
- Original Medicare (Part A): Part A may help cover some short-term skilled nursing care stays (typically up to 100 days). Be sure to understand the specific coverage details and potential out-of-pocket costs.
- Medicare Advantage (Part C): Some Medicare Advantage plans may offer limited coverage for long-term care services. However, coverage varies significantly between plans. It’s crucial to check with your specific plan provider to understand your coverage details.
- Long-Term Care Insurance: While not a substitute for Medicare, Long-Term Care Insurance is a separate policy that can help cover the costs of extended care in a nursing home or assisted living facility.
Moving with Medicare: Don’t Go It Alone
Moving can be stressful, and navigating Medicare changes can add to the burden. Senior Financial Group is here to help! Our team of dedicated Medicare experts has extensive knowledge and experience in helping seniors understand their options and make informed decisions about their Medicare coverage.
We can assist you with:
- Understanding your Medicare coverage options based on your new location
- Comparing Medicare Advantage plans and finding the best fit for your needs
- Enrolling in a new plan during a Special Enrollment Period
- Answering any questions you may have about Medicare and your move
Don’t wait until after you move! Contact Senior Financial Group today for a free consultation. We can help ensure your Medicare coverage stays on track as you embark on this exciting new chapter in your life!
Schedule a Free Consultation with a Senior Financial Group Medicare expert today!