Original Medicare (Part A and Part B)
- All U.S. citizens are eligible to receive Original Medicare at the age of 65. However, if you are under the age of 65, you may qualify for Medicare if you have: ALS, ESRD (End Stage Renal Disease) or have received disability income from Social Security for 24 months. Original Medicare consists of Part A (inpatient hospital services) and Part B (outpatient medical services). Prescription drug coverage is available separately under Medicare’s part D (Prescription Drug Plans) or through part C (Medicare Advantage Plans). Only being enrolled in Medicare Parts A and B leaves you at risk of paying more out of pocket for many common medical bills, such as prescription drugs, specialists, dental care, and hearing aids, just to name a few.
Medicare Advantage (Part C)
- Medicare Advantage plans are an alternative to Original Medicare. Medicare Advantage health insurance plans, also called “MA Plans” or “Part C”, are offered by private Medicare-approved companies. They may offer many of same preventive benefits found in HMOs (Health Management Organization) and PPOs (Preferred Provider Organizations)which may include Prescription drug coverage, Dental, Vision, Hearing, Wellness Programs, and Worldwide Emergency and Urgent care coverage.
Prescription Drug Coverage (Part D)
- Medicare prescription drug plans are a smart way to manage the cost of the medications. There are two options to receiving Prescription Coverage: Stand-Alone Prescription drug plans and Medicare Advantage Plans. Every plan has a unique medication formulary that can significantly affect the cost of your medications from plan to plan. Our Agent conducted prescription drug reviews identify plans that may be able to provide you a significant cost savings and/or keep you out of the Coverage Gap/Donut Hole.
Medicare Supplement (Medigap)
- Medicare Supplement insurance plans, “Medigap policies”, are used in conjunction with Original Medicare (Part A and Part B) to fill in coverage gaps, including copayments, coinsurance and deductibles, as well as emergency overseas healthcare. These plans are sold by private companies. Medicare Supplement plans pay for costs you’d normally be responsible for paying under Original Medicare as long as you pay your monthly premium. The best is that you’re not required to use a network of providers—choose any doctor or specialist that accepts Medicare, and never worry about losing your preferred physician. Medicare Supplement insurance plans do no not cover long-term care, hearing, vision, dental or prescription drug coverage. For Medicare plans offering coverage beyond hospital and medical insurance, see our Medicare Advantage plans.