What is Medicare?

It is a government health insurance program for Americans 65 and older, or people with certain disabilities.

What Are The Different Parts Of Medicare?

Part A

• Usually no premium, most people have already paid for it through payroll taxes
• Covers hospital care, skilled nursing facilities, home health care

Part B

• Standard premium often deducted from Social Security check
• Covers doctor visits, medical equipment, preventative services

Part C

• Also called Medicare Advantage, replaces Medicare coverage with private insurers, often with expanded benefits, including drug coverage

Part D

• Prescription Drug Coverage

If I have Medicare, why do I need to worry about any other coverage?

• Medicare has many copays and deductibles
• Drug coverage is not included automatically, it must be chosen