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