First, a link to the best overall site on the internet relating to Medicare, http://www.medicare.gov/ . Anything and everything you might need to know, can be found there, though as good as it is, parts can be confusing. Therefore, I’ll use this site to break down certain aspects of Medicare, into “bite-sized” chunks. First, the basics. There are 4 parts to medicare. Following is an exert from the aforementioned medicare.gov web site:
What Is Medicare?
Medicare is health insurance for the following:
- People 65 or older
- People under 65 with certain disabilities
- People of any age with End-Stage Renal Disease (ESRD) (permanent kidney failure requiring dialysis or a kidney transplant)
The Different Parts of Medicare
The different parts of Medicare help cover specific services:
- Helps cover inpatient care in hospitals
- Helps cover skilled nursing facility, hospice, and home health care
Medicare Part B (Medical Insurance)
- Helps cover doctors’ services, hospital outpatient care, and home health care
- Helps cover some preventive services to help maintain your health and to keep certain illnesses from getting worse
Medicare Part D (Medicare Prescription Drug Coverage)
- A prescription drug option run by Medicare-approved private insurance companies
- Helps cover the cost of prescription drugs
- May help lower your prescription drug costs and help protect against higher costs in the future
Medicare Advantage Plans (like an HMO or PPO) are health plans run by Medicare‑approved private insurance companies. Medicare Advantage Plans (also called “Part C”) include Part A, Part B, and usually other coverage like Medicare prescription drug coverage (Part D), sometimes for an extra cost.
2 thoughts on “The 4 Basic Parts of Medicare….. an Overview…”
I need a insurance that will pay on Humira
The new plans drop after October 1st. If you’ll email me at email@example.com, I’m happy to check that for you.