Understanding Medicare
Medicare is a federal health insurance program that began in the 1960s and is primarily designed for individuals aged 65 and older, as well as certain younger individuals with disabilities. Medicare offers different types of coverage, each known as a “part,” which work together to help manage healthcare costs.
- Medicare Part A helps cover inpatient care, including hospital stays, skilled nursing facility care, hospice, and some home health services.
- Medicare Part B covers outpatient care such as doctor visits, lab tests, preventive services, mental health care, durable medical equipment, and more.
- Medicare Part C (also known as Medicare Advantage) is offered by private insurance companies and combines Part A and Part B coverage, often including Part D for prescription drugs and additional benefits like dental, vision, and hearing.
- Medicare Part D provides prescription drug coverage, helping lower the cost of medications.
- Medigap (also called Medicare Supplement Insurance) is offered by private insurance companies and helps pay for out-of-pocket costs not covered by Original Medicare, such as deductibles, coinsurance, and copayments.
Know Your Choices
While Original Medicare (Parts A and B) offers essential coverage, it may not meet all of your healthcare needs. Depending on your budget, prescription drug needs, or desire for additional benefits, you may want to consider other options.
We can help you explore alternatives like Medicare Advantage or a Medigap policy. These plans are offered by private insurance companies and are designed to provide equal or better coverage than Original Medicare, often with added benefits.
Need Help Navigating Medicare?
Understanding Medicare and choosing the right coverage can feel overwhelming, but you don't have to do it alone. As a licensed local agent, we can guide you through the process and help you make confident, informed decisions about your healthcare and retirement needs.
We can help you:
- Understand your Medicare options and eligibility.
- Review plan costs, benefits, and coverage choices.
- Avoid late enrollment penalties.
- Explore alternatives like Medicare Advantage or Medigap plans, which are offered by private insurance companies and may include additional benefits not covered by Original Medicare.
- Find a plan that fits your health needs and budget.
Get personalized support from a trusted local professional. Call (855) 422-3467 today to schedule your no-cost, no-obligation consultation.
*Disclaimer: This page has not been reviewed or endorsed by Medicare.gov or any member of the Centers for Medicare & Medicaid Services (CMS).
