Medicare
Hospital Insurance
Medicare Part A covers inpatient care, hospice support, and some home health services for patients.
π Medicare Part A covers inpatient hospital stays, skilled nursing facility care, and some home health services.
π Most people don't pay a premium for Part A if theyβve worked and paid Medicare taxes for at least 10 years.
π While thereβs no premium for most, Part A requires deductibles and co-pays for certain services.
Medical Insurance
Medicare Part B includes outpatient services, such as doctor visits and necessary lab work assistance.
π Medicare Part B covers doctor visits, outpatient services, preventive care, and some home health care.
π Part B requires a monthly premium, which can vary based on income.
π Part B has a deductible and typically requires 20% coinsurance for most covered services.
Medicare Advantage plans incorporate A & B and additional benefits, such as prescription drug coverage and dental.
π Medicare Part D helps cover the cost of prescription medications.
π Part D plans are provided by private insurance companies approved by Medicare.
π Part D requires a monthly premium, and costs may vary depending on the plan and medications.
Prescription Drugs
π Part C combines coverage from Parts A and B, often including additional benefits like vision, dental, and prescription drugs.
π Offered through private insurers approved by Medicare, Part C may have different costs and coverage options.
π Part C plans may offer extra perks like wellness programs and reduced out-of-pocket costs.
Medicare Advantage
Stay informed about Medicare options and benefits
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