|
Contact our office today to determine what type of supplement is best for you!
Medicare is a Health Insurance Program for:
- people 65 years of age and older
- some people with disabilities, under 65 years of age
- people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant)
Medicare has four parts:
- Part A (Hospital Insurance) - most people don't have to pay for Part A
- helps pay for inpatient hospital care, skilled nursing care following hospital stay
- Part B (Medical Insurance) - most people pay monthly for Part B
- helps pay for doctor’s services, outpatient hospital care
- Part C (Medicare Advantage Plans) – includes Part A, Part B, and usually other coverage including prescription drugs
- plans are run by private insurance companies approved by Medicare
- Part D (Medicare Prescription Drug Coverage)
- helps cover the cost of prescription drugs
Medigap insurance/Medicare supplement insurance is sold by private insurance companies that fill in benefit “gaps” of Original Medicare, such as out-of-pocket costs for Medicare coinsurance and deductibles, or for services not covered by Medicare. Medicare supplements are standardized and named by the letters A through L (changing to N in 2010). Each plan has a different range of coverage and varies by state.
Click here to download your free copy of 2011 Choosing a Medigap Policy: A Guide to Health Insurance for People with Medicare.
|
 |
|
