Medicare Advantage plans work in several different ways and each plan differs in benefits. An advantage plan, also known as Part C plans, which people get confused with Medicare Plan C. Plans and Parts are completely different. Medicare Part C combines Medicare Part A and Part B benefits in an all in one alternative to Original Medicare, but can provide additional benefits as well. All Part C plans are offered by Medicare-approved private companies that must follow rules set by Medicare. Some...
5 days ago • 4 min read
A Medicare Supplement (Medigap) plan is a type of health insurance policy that is offered by private insurance companies. These plans help cover certain costs that are not covered by Original Medicare, such as co-insurance, copayments, and deductibles. There are a total of 10 standardized Medicare Supplement Insurance plans that are available in most areas. These Plans range from Plan A to Plan N and each one offers its own set of benefits. Those who choose a Medigap plan to go alongside of...
12 days ago • 1 min read
Also known as Medicare Part D, provides prescription drug coverage for its members at more affordable prices. This plan helps cover the costs of any important medications that you may need. These plans are offered through private insurance carriers and can vary in cost. Even if you are not currently taking any prescription medication, you should consider enrolling in a Medicare Part D plan to avoid any late enrollment penalties in the future. Who is eligible for Part D? Part D plans are sold...
30 days ago • 2 min read
Medicare Part B is medical insurance that helps cover the cost of doctor’s visits, medical supplies and outpatient visits. It also covers preventive services such as lab tests, screenings, and shots. Medicare Part B is a part of original Medicare, which also includes Medicare Part A. What Does Medicare Part B Help Cover? The following are examples of services Part B can help cover: Physician visits Outpatient care Flu shots Blood work X-rays Medical equipment Other medicare services Need...
about 1 month ago • 1 min read
Medicare Part A helps cover medical services such as hospital visits and skilled nursing facilities. It one of two parts of Original Medicare alongside with Medicare Part B. What Does Part A Help Cover? The following are a few examples of services that Part A can help cover: ER visits Inpatient hospital care Lab tests Skilled nursing facility Hospital meals Home health care How Much Does Part A Cost? Most people get Part A for free, as long as you have worked 40 calendar quarters (10 years)...
about 1 month ago • 1 min read
Medicare is the federal health insurance program for people 65 and over, some younger with disabilities and those with End Stage Renal Disease. Medicare is a different program from Medicaid, which offers healthcare and services to those who meet the qualified lower income requirements. Anyone receiving Social Security Disability (SSDI) for 24 months, will also become eligible for Medicare. When discussing some of the Medicare basics, It’s important to know that there are 4 Parts of Medicare...
about 2 months ago • 2 min read