Medicare Basics

Medicare Basics

What are my Medicare Coverage Choices?

When can you sign up?

Medicare Basics

What is Medicare?

Medicare is health insurance for the following:

  1. People age 65 or older.
  2. People under age 65 with certain disabilities.
  3. People of all ages with end-stage renal disease (ESRD); Amyotrophic Lateral Sclerosis (ALS), often referred to as “Lou Gehrig’s Disease”.
  4. People determined to have been exposed to certain environmental health hazards.

The Different Parts of Medicare

The different parts of Medicare help cover specific services:

1.  Medicare Part A (Hospital Insurance)

  • Helps cover inpatient care in hospitals
  • Helps cover skilled nursing facility, hospice, and home health care

2.  Medicare Part B (Medical Insurance)

  • Helps cover doctors’ and other health care providers’ services, outpatient care, durable medical equipment, and home health care
  • Helps cover some preventive services to help maintain your health and to keep certain illnesses from getting worse

3. Medicare Part C (also known as Medicare Advantage)

  • Offers health plan options run by Medicare-approved private insurance companies. Medicare Advantage Plans are a way to get the benefits and services covered under Part A and Part B. Most Medicare Advantage Plans cover Medicare prescription drug coverage (Part D). Some Medicare Advantage Plans may include extra benefits for an extra cost.

 

4. Medicare Part D (Medicare Prescription Drug Coverage)

  • Helps cover the cost of prescription drugs
  • May help lower your prescription drug costs and help protect against higher costs
  • Run by Medicare-approved private insurance companies

Coverage Choices

When Can You Sign Up?

Initial Enrollment Period

General Enrollment Period

  • January 1 - March 31

Special Enrollment Period

Click Here for Additional Medicare Options

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