If you are nearing eligibility, it may be helpful to have Medicare explained.
Here is what Original Medicare (Parts A and B) is for as well as a few Medicare insurance plans that you may find necessary to add.
Cancer plans are insurance policies that supplement your current health plan to help cover the cost of hospital stays, chemotherapy, and other types of cancer treatment.
Medicare Supplements, also known as Medigap, are insurance policies that help you pay the coinsurance and copayments Original Medicare requires of you.
There are 10 plans lettered A through N that each cover a different percentage of your out-of-pocket costs associated with Medicare.
Medicare Advantage plans, also known as Medicare Part C, are insurance plans that take over for your Medicare Part A and Part B coverage while providing additional benefits you would not receive through Medicare alone.
Medicare Part D is an insurance plan that helps pay for your prescription medication.
Original Medicare does not come with this kind of coverage. You’ll have to purchase a standalone plan or receive it through a Medicare Advantage plan.
Not sure what Medicare insurance you would need and would like to compare options?
Our licensed Medicare insurance agents can help you do that while educating you on what is available in your area.
We have acquired an abundance of knowledge, and we’re eager to share this expertise with you in the form of articles and blog posts.
Under Part B and Medicare Advantage, you can get coverage for items that are deemed medically necessary. These items are typically known as durable medical equipment, which includes items or supplies that are medically necessary to maintain daily activities at home. Durable medical equipment can be used repeatedly, be used at home for a medical …
Home healthcare services can help to improve a medical condition, manage a medical condition, or help prevent a health condition from getting worse. Fortunately, Medicare does cover certain home healthcare services as long as they are approved. Medicare Part A and Part B cover home health services such as part-time skilled nursing care. Skilled nursing …
Medicare Part D is a standalone prescription drug plan for Medicare enrollees. To enroll in Part D, you must be enrolled in either Medicare Part A or Part B. Every Part D plan has a formulary that contains the list of covered prescription medications. The drugs covered in prescription drug plans are divided into different …
Typically, Medicare will not pay for in-home caregivers who provide personal care or housekeeping tasks, especially if those are really the only services you need. However, suppose you need medical care while you’re recovering from an illness or injury. In that case, Medicare will pay for short-term caregivers. Medicare also covers other short-term health services …
