Medicare plays a key role in providing health and financial security to beneficiaries residing in Colorado. With more than 931,000 Colorado beneficiaries enrolled in Medicare, we’ll cover some very important information below about Medicare in Colorado. We want to help you better understand your options and make the decision-process as seamless as possible once you’re ready to enroll in Medicare or discover different coverage options.
Colorado Medicare Advantage (Part C), Medicare Supplement (Medigap) Insurance and Medicare Prescription Drug Plans (Part D)
For more information on how you can save money on your out-of-pocket costs with a Part C, Part D, or Medigap plan, please click the plans below to learn more. Licensed agents can also answer any of your questions and help you find a plan that fits your needs, lifestyle, and budget by clicking here.
Colorado Medicare Enrollments
Original Medicare Plans (Part A and B)
Medicare Advantage & Other Health Plans
Stand-alone Medicare Part D (Drug Plans)
Total Medicare Beneficiaries in Colorado
Who Qualifies for Medicare in Colorado?
Medicare covers most Colorado residents who are 65 or older, and it also covers disabled Colorado residents. In general, Medicare enrollment in Colorado works the same way as it does in the rest of the country. If you qualify for Original Medicare, also known as Part A and Part B, it will help cover 80% of your health care costs.
When you’re first eligible for Medicare, you have a 7-month Initial Enrollment Period to sign up for Part A and/or Part B. If you’re eligible for Medicare when you turn 65, you can sign up during the 7-month period that:
- Begins 3 months before the month you turn 65
- Includes the month you turn 65
- Ends 3 months after the month you turn 65
In most cases, if you don’t sign up for Part B when you’re first eligible, you’ll have to pay a late enrollment penalty. You’ll be responsible for paying this penalty for as long as you have Part B, and you could have a gap in your health coverage.
Once you reach Medicare eligibility, you can begin choosing additional coverage options to help pay for the remaining 20% of your medical expenses through Medicare Advantage (Part C), Medigap, and/or a Medicare Prescription Drug (Part D) plan.
Local Medicare Health Plan Resources in Colorado
Colorado State Health Insurance Assistance Program (SHIP): SHIP, which is housed in the Division of Insurance, part of the Colorado Department of Regulatory Agencies (DORA), helps Medicare enrollees navigate the Medicare system, including Medicare Advantage and Medigap plans.
Contact: Call 888-696-7213Colorado Gerontology Society is a not-for-profit 501(c)(3) organization that provides advocacy, information, and assistance to Colorado seniors as well as education and networking for aging professionals since 1980. Older adults and their families are encouraged to call or visit CGS for assistance regarding housing options; nursing home placements; questions regarding health insurance; food supplies, or location of a geriatric physician.
Contact: Call 303-333-3482. You can also send an email via the contact form on the organization’s website.Medicare Savings Programs in Colorado (MSP): MSPs help people with limited income and resources pay for some or all of their Medicare premiums and may also pay their Medicare deductibles and coinsurance. In some cases, Medicare Savings Programs may also pay Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance) deductibles and coinsurance. Medicare Savings Programs are a group of programs Colorado residents can apply for if they have Medicare. Medicare Buy-In is one of the benefits of the Medicare Savings Programs.
Centura Senior Links is one of the largest healthcare networks in Colorado with more than 21,000 professionals, 17 hospitals, and over 100 practices. Centura Senior Links are community-based experts that work with you to find the right coverage and services to meet your health care and social needs. We work with local health alliances to advocate for the health care needs of our communities.
Contact: Call 1-866-550-2752
The licensed agents that are partnered with Timefor65 can help you compare the availability, benefits, and costs of Medicare plans in your specific region of Colorado. Our process makes it easier for you to access your Medicare eligibility in Colorado so that you receive personalized, affordable, and easy-to-use coverage options and solutions. Fill out the form or give us a call at (866) 327‑0148 anytime to get a free quote or to ask any questions.