Medicare is a federal insurance program available to people 65 and older, though certain disabilities also allow for early Medicare eligibility. The different parts of Medicare cover specific services.
It is important that you find coverage that is affordable and a good fit for your lifestyle. I can provide simple and honest information regarding the options available to you so you can make an informed decision.
Learn the Parts of Medicare
Medicare Part A covers hospital and skilled nursing facility stays, hospice care, and some home health care costs. This is one of the two parts of Original Medicare. Most people get Part A for free (no premium) as long as they have worked at least 10 years and paid Medicare taxes. Even if you are entitled to free Part A, you still must *enroll when first eligible.
*Some people will get Medicare A and B automatically (without needing to enroll). In most cases, this is based on whether you’re getting benefits from Social Security or the Railroad Retirement Board. If so, you will get your Medicare information about 3 months before your 65th birthday.
Medicare Part B helps to cover doctors’ appointments, as well as services, preventative and specialty services, outpatient care, home health care, and some medical equipment. This is the second part of “Original Medicare.” Most people pay a monthly premium for Part B, which varies depending on your income and when you *enroll.
*It’s important to sign up for Part B when you’re first eligible. If you don’t, you’ll likely end up paying a late enrollment penalty for as long as you have your Part B plan.
I might be able to show you some cost-effective alternatives that help to reduce out-of-pocket expenses and unwelcome bills that Medicare doesn’t cover – and even offer more benefits than you are currently receiving.
As an agent who focuses on Medicare plans, I’m committed to helping individuals get the most for their money. Contact me today.