Medicare is a federal health insurance program for people 65 or older and those with certain disabilities. It is available in every state, including Oregon. Private Medicare Advantage plans combine Medicare services with additional benefits, which vary by state. A licensed Oregon Medicare agent can help you determine your Oregon Medicare options.
Oregon has significant consumer protections for Medicare beneficiaries, especially with Medigap plans. These policies provide extra coverage for cost-sharing, travel, and prescription drugs. They are not subject to medical underwriting during your initial enrollment period, and are guaranteed-issue for disabled beneficiaries under age 65.
Oregon Medicare beneficiaries can choose between a variety of Medicare Supplement, Medigap, and Part D prescription drug coverage plans. These plans pay for the parts of Medicare’s deductible and coinsurance that are not covered by Medicare itself. They can also choose a Medicare Advantage plan, or Part C, that combines Medicare services with other add-ons like dental and hearing coverage. Oregon residents who are struggling to afford their Medicare premiums may be able to apply for a Medicare Savings Program. These programs pay for Part B and A costs-sharing and in some cases, Part B premiums. To find out what your options are, contact a licensed Oregon Medicare agent.
Oregon Medicare Application
Oregon residents can apply for Medicare online or in person. The process is free and quick. Medicare is a federal program that offers health insurance to people over 65. It covers many different services, but there are some exceptions. Medicare beneficiaries in Oregon have a choice between traditional Medicare and Medicare Advantage plans.
The Medicare Open Enrollment period is October 15 to December 7 each year. You can change your Oregon Medicare Advantage plan or switch back to Original Medicare during this time. However, you cannot enroll in a new Medicare Advantage plan for the first time during this period.
- As of 2024, 132 Medicare Advantage plans were available in Oregon, an increase from the 124 plans offered in 2023.
Oregon Medicare beneficiaries can choose from these Medicare Advantage plans provided by various insurance carriers. These plans complement Original Medicare and help pay for costs that the program does not cover, such as deductibles and copayments.
Oregon Medicare Part D Prescription Drug Coverage
In 2024, all Oregon Medicare recipients will have access to a Medicare Part D plan. There are a significant number of Part D plans available in Oregon, with estimates suggesting around 24 plans for 2. With a Part D plan, you’ll typically pay a monthly premium, an annual deductible (if applicable), and copays for each prescription. Prices vary depending on the plan you choose. Oregon’s lowest monthly premium for a Part D plan is around $6.60.
