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A Quick Look at the Basics of Medicare

What is Medicare?

Medicare is Health Insurance for:

Medicare is Health Insurance for:

  1. People Age 65 or older
  2. Certain people under 65 with disabilities

What are the Different Parts of Medicare?

Medicare Part A (Hospital Insurance) helps cover:

Medicare Part A (Hospital Insurance) helps cover:

  • Inpatient Care in Hospitals
  • Skilled Nursing Facility Care
  • Hospice Care
  • Home Health care
Medicare Part B (Medical Insurance) Helps Cover:

Medicare Part B (Medical Insurance) Helps Cover:

  • Services from Doctors and Other Health Care Providers.
  • Outpatient Care
  • Home Health Care
  • Durable Medical Equipment
  • Many Preventive Services
Medicare Part C (Medicare Advantage):

Medicare Part C (Medicare Advantage):

  • Includes all benefits and services covered under Part A and Part B
  • Run by Medicare-approved private insurance companies that follow rules set by Medicare
  • Usually includes Medicare prescription drug coverage (Part D) as part of the plan
  • Plans have a yearly limit on your out-of-pocket costs for medical services
  • May include extra benefits and services that aren't covered by Original Medicare, sometimes for an extra cost
Medicare Part D (Medicare Prescription Drug Coverage):

Medicare Part D (Medicare Prescription Drug Coverage):

  • Helps cover the cost of prescription drugs
  • Run by Medicare-approved drug plans that follow rules set by Medicare
  • May help lower your prescription drug costs and help protect against higher costs in the future

What Are My Medicare Coverage Choices?

There are 2 main ways to get your Medicare coverage --- Original Medicare or a Medicare Advantage Plan.

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