Your Guideline to Medicare Coverage

The more familiar you are with Medicare, the more you'll be able to take advantage of the benefits and, most importantly, make the right choices.

Our summary of Medicare is simplified to help keep you informed while guiding you in the right direction when it comes time to make a decision.

 

Original Medicare

PART A

Covers hospitalization, skilled nursing, hospice care and more. There are deductibles, copayments and coinsurance that you are responsible for paying, called out-of-pocket expenses.

LEARN MORE ABOUT PART A »

PART B

Covers doctor visits and other outpatient medical services. There are deductibles, copayments and coinsurance that you are responsible for paying, called out-of-pocket expenses.

LEARN MORE ABOUT PART B »

Additional Coverage Options

Medicare Advantage

If selected, it replaces the benefits of Original Medicare and lets you get your bills paid by a private insurance company instead of directly from Medicare.

Pays out higher benefit amounts, lowering out-of-pocket costs for in-network services. Prescription drug coverage is often included.

LEARN MORE ABOUT MEDICARE ADVANTAGE »

Medicare Prescription Drug Plan

A prescription drug plan that can be added to Original Medicare, Medicare Advantage (if drug coverage is not included) or Medicare Supplement.

LEARN MORE ABOUT PRESCRIPTION DRUG COVERAGE »

Medicare Supplement

Also known as Medigap. This policy, if selected, is supplemental in that it helps some pay out-of-pocket costs that aren't covered by Original Medicare. You must have Part A and Part B to take advantage of this plan.

LEARN MORE ABOUT MEDICARE SUPPLEMENT »

 

Your Medicare Options

Understanding the different "parts" of Medicare is important, but it's also important to understand your options and how each Part works together to provide you with the best coverage possible.

First Option
  1. Enroll in Original Medicare upon eligibility (Part A and Part B).
  2. Realize you need additional coverage.
  3. Enroll in Medicare Supplement AND Prescription Drug Coverage, which is provided by private companies and helps pay for medical expenses not covered by Part A and Part B.

 

Second Option
  1. Enroll in Original Medicare upon eligibility (Part A and Part B).
  2. Realize you need additional coverage.
  3. Enroll in Medicare Advantage. This combines the benefits of Part A and Part B, and in addition, pays out higher benefit amounts for in-network services. Most plans will also cover prescription drugs.

 

 

Need help in making a decision on what
Medicare Supplement plan is right for you?

Call 855-450-9932