What is Medicare?
- Medicare is a national health insurance program.
- You're entitled to Medicare if you are at least 65 and a U.S. citizen, or a permanent legal resident for the past five years.
- Medicare also covers
- Some people with disabilities under age 65.
- People who receive Social Security disability insurance usually become eligible for Medicare after being disabled for 2 years consecutively, although those with end-stage renal disease (permanent kidney failure) and amyotrophic lateral sclerosis )ALS) can become eligible immediately.
Medicare has four parts:
Part A helps pay for:
- Inpatient Hospital Stay
- Skilled Nursing Care
- Home Care
Part B helps pay for:
- Doctor Visits
- Lab Tests
- Medical Equipment
- Preventive Exams
Medicare Advantage Plan
Medicare Advantage, also known as Medicare Part C, is a type of health plan offered by private insurance companies that provides the benefits of Parts A and Part B and often Part D (prescription drug coverage) as well. These bundled plans may have additional coverage, such as vision, hearing and dental care. Unlike Original Medicare, Medicare Advantage plans have an annual limit on out-of-pocket costs. Medicare Advantage plans are typically HMOs or PPOs and are available only in certain areas.
Helps with the cost of prescription drugs not covered by Original Medicare.
Know when to sign up
Don’t wait to enroll,
or you could pay higher coverage costs and find limited choices.
For most people,
the initial enrollment period starts 3 months before the month of your 65th birthday and ends three months after it.
to add/change Medicare Advantage and/or Part D Prescription Drug Plan benefits is October 15 through December 7