How Does Medicare Insurance Coverage Work?

Getting older (and wiser) comes with some advantages. Senior discounts, years of experience, and the ability to speak your mind are a few of these advantages. Another is the ability to qualify for Medicare. If you’re interested in learning more about medicare coverage and how it works, keep reading.

What is Medicare?

Medicare is health insurance supplied by the federal government to people who have reached the age of 65 or younger people who have disabilities. Thanks to medicare, senior citizens who have worked hard their entire lives or who suffer from disabilities that no longer allow them to work do not have to fret over how they will afford medical care once they are no longer working.

What are my Medicare coverage choices?

There are several coverage choices to choose from, and you can change or switch the plan you’d like each year.

The basic breakdown for your coverage choice is between Original Medicare and Medicare Advantage Plan.

Original Medicare consists of Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance). Hospital stays, skilled nursing, and hospice are covered in Part A, and Part B covers medically necessary services such as doctor visits and lab work. Typically, preventative services such as screenings and vaccinations are covered. Additionally, you can select medicare drug coverage through medicare drug coverage (Part D) which covers prescription drugs, and medicare supplement insurance (Medigap) to help pay co-payments and deductibles.

Medicare Advantage Plans, also known as Medicare Part C, combines the services offered in Part A and Part B through private companies operating under medicare guidelines. There are several types of medicare advantage plans, some including additional covered services such as dental and vision or prescription coverage similar to the medicare drug plan.

How Do I Sign Up for Medicare?

Are you approaching age 65 and curious about how medicare insurance coverage works? We know it can be a bit tricky to understand because it operates differently than the private health plans you’re used to, but that’s what we’re here for. Our job is to help explain your options and help you join a medicare plan that is right for you.

Call us today for your medicare health care needs.