What is Medicare?
Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD).
It's designed to help cover a wide range of healthcare services, but it can be complex. Medicare is broken down into different "parts," each covering specific services.
The Different Parts of Medicare
Part A
Hospital Insurance
Helps cover inpatient care in hospitals, skilled nursing facility care, hospice care, and home health care.
Learn More →Part B
Medical Insurance
Helps cover services from doctors and other health care providers, outpatient care, durable medical equipment (DME), and many preventive services.
Learn More →Part C
Medicare Advantage
An "all in one" alternative to Original Medicare. These bundled plans include Part A, Part B, and usually Part D, often with extra benefits.
Learn More →Part D
Prescription Drugs
Helps cover the cost of prescription drugs. These are run by private insurance companies approved by Medicare.
Learn More →How and When to Enroll
Your Initial Enrollment Period (IEP) for Medicare typically starts 3 months before your 65th birthday and ends 3 months after the month you turn 65. It's very important to enroll during this 7-month window to avoid potential late enrollment penalties.
Special Enrollment Periods
You may qualify for a Special Enrollment Period (SEP) if you have specific life events, such as losing other health coverage. There is also an annual Open Enrollment Period from October 15 to December 7 where you can review and change your coverage.
----------------------------------------------------------------------------------------
Feeling Overwhelmed? We Can Help.
Medicare can be confusing, but you don't have to navigate it alone. Our licensed agents are here to answer your questions and help you find a plan that fits your needs and budget.
Schedule a Free Consultation
This information provides a general overview and was obtained from www.medicare.gov.
By contacting a phone number on this website, you will be directed to a licensed agent.