CLEARING UP THE CONFUSION


    So many people get confused about the choices they have when turning 65 and becoming eligible for Medicare. Even though Supplement Plans were standardized, there's still a lot of confusion out there.

  • There are Medicare Parts that use the same letters as Medicare Plans.
  • There's a Part "C" that often looks like a plan
  • And a Part "D" plan can only be used along side of certain other plans


     No wonder people are confused. Let's see if we can make it easier to understand.


    Traditional Medicare includes Parts "A" and "B" whereas part A typically covers hospital charges and part B covers physician charges. Part A is provided for those who have paid into the tax system for about 10 years and part B is discounted for average income earners currently about $105 per month.


Traditional Medicare

Part A - Hospital and Part B - Doctors  Have deductibles and Co-Pays that can be paid by having a Medicare Supplement Plan provided by a private insurer.


Part D - Prescription Coverage - Can be purchased from a private insurer. 

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Now let's separate Traditional Medicare from the Medicare Advantage Plan


Part "C" may be purchased from a private insurer when you have parts A & B. The insurer gets subsidized by the taxes and part B premiums that are paid and the insurer is responsible for all claims including prescriptions which is optional. When you go to a physician or a hospital, you only provide your carrier network card and MA plans work very similar to your previous employer coverage. You will most likely have copayments for most services and a network to pay attention to. Some are HMO plans and others are PPOs.


To get more information on Medicare, please contact our office. You can also review the following websites and call our office.


Get your copy of "Medicare and You"

Official Medicare Website

Official Social Security Website



medicare coverage