Medicare

Medicare is available to virtually all U.S. citizens and legal residents 65 years of age and over who have previously worked and paid U.S. taxes or who are/were married to someone who did. There are four key parts to Medicare — Parts A, B, C, and D. To maximize coverage and benefits, it is critical to understand the features of each.

Medicare Parts A and B are referred to as Original Medicare

Medicare Part A: Hospital Insurance
This insurance helps cover hospital stays and skilled nursing care after a hospital care. It may even help cover hospice care and professional care for the homebound. As long as you or your spouse have made contributions to Social Security for at least 10 years, you will not pay a premium for Part A. However, if you haven’t paid contributions, you will pay a monthly premium. 

Medicare Part B: Medical Insurance
This insurance covers doctor visits and other medical services, such as outpatient care at hospitals, laboratory tests, and some nursing care. 

Medicare Part C: Medicare Advantage (private)
These plans are offered by private insurance companies and pay for certain hospital costs, doctor visits and other services. Part D coverage may also be included in these plans.

Medicare Part D: Prescription Drugs
Plan D applies to prescription drug coverage and is sold by private insurance companies. Coverage varies according to plan, with pricing options that can be complex.

If you would like to schedule a call with our Medicare specialist, please complete the form below.