What is Medicare?
Medicare is a federal health insurance program for people who are; 65 or older, or younger with certain disabilities, or people with permanent kidney failure that requires dialysis or maybe even a kidney transplant. The government pays health care providers directly for services that fall under Original Medicare (Parts A and B) (see below). However, if you are looking for more coverage than Original Medicare, it is good be become aware of the Medicare options that are available. Medicare is comprised of 4 parts:
- Part A (hospital insurance): Covers hospital care, emergency services, nursing home care, home health services and hospice.
- Part B (medical insurance): Covers medically necessary services and supplies used for diagnosing and treating medical conditions, and preventative services for illness prevention and/or early detection. Examples include ambulance services, mental health care, outpatient procedures and clinical research.
- Part C: Combines Parts A and B and often part D as well.
- Part D: Offers prescription drug coverage.
What Medicare options are available?
Original Medicare offers coverage for services and supplies that are considered to be medically necessary, such as doctor visits, lab tests and wheelchairs. A Medicare Advantage Plan, also known as Part C, combines Original Medicare Part A and Part B into a single plan. Some Medical Advantage Plans include Prescription Drug Coverage. Medicare Advantage Plans may also include value added items such as gym membership and/or routine dental and vision care. A Medicare Supplemental Plan, also known as a Medigap Plan, is designed to pay some or all of the costs not covered by Original Medicare.
Contact me today to learn more about Medicare coverage options. I will be happy to help you or a loved one better understand the Medicare options available.
1 - This is not a complete listing of plans available in your service area. For a complete listing please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov.
Medicare has neither reviewed nor endorsed this information.