Medicare Insurance

What is Medicare?

Medicare is a federally supported health insurance program for three different groups of people: age 65+, persons with certain disabilities, or people with End-Stage Renal Disease. How is it broken down?

Hospital Insurance: Medicare Part A

Medicare Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care and certain in-home healthcare. Part A typically doesn’t cover hospital visits for observations as well as the fees charged by doctors who assisted in your hospital care. That’s where Medicare Part B comes in.

Medical Insurance: Medicare Part B

Medicare Part B covers services or supplies that are needed to diagnose or treat medical conditions that meet accepted standards of practice. Part B covers thing like doctor visits, specialist visits, outpatient services, preventative care, durable medical equipment, clinical research, ambulance services, and limited outpatient prescription drugs.

Medicare Advantage: Medicare Part C

Medicare Part C combines Part A and part B in one plan. These plans often include Part D Prescription Drug Coverage and may include additional benefits such as Dental, Vision, Hearing aids, Gym Memberships, etc.

Prescription Drug Coverage: Medicare Part D

Medicare Part D plans are offered by private insurance companies and help pay for prescription medications. Each Part D drug plan must give at least a standard level of coverage as set by medicare.