Medicare



Medicare, a vital program for seniors, offers a comprehensive safety net, ensuring access to essential medical services and financial security during retirement. With customizable plans, it tailors coverage to individual needs, providing personalized and affordable healthcare solutions. Beyond hospital stays, Medicare often includes prescription coverage and preventive care, supporting overall well-being for seniors. Enroll today for a secure and vibrant retirement—a testament to your investment in lifelong health.

HOW TO NAVIGATE THE ALPHABET SOUP CALLED MEDICARE?

Part A

Medicare Part A helps cover your inpatient care in hospitals, critical access hospitals, and skilled nursing facilities (not custodial or long-term care). It also helps cover hospice care and some home health care.

Part B

Medicare Part B helps cover medical services like doctors’ services, outpatient care, and other medical services that Part A doesn’t cover. Part B is optional. Part B helps pay for covered medical services and items when they are medically necessary.

Part C

A Medicare Advantage Plan (like an HMO or PPO) is another Medicare health plan choice you may have as part of Medicare. Medicare Advantage Plans, sometimes called “Part C” or “MA Plans,” are offered by private companies approved by Medicare. It also helps cover hospice care and some home health care

Part D

Medicare Part D, the prescription drug benefit, is the part of Medicare that covers most outpatient prescription drugs. Those enrolled in Original Medicare or as part of your Medicare Advantage Plan.

MEDIGAP A-N

Medigap is Medicare Supplement Insurance that helps fill “gaps” inOriginal Medicare. Original Medicare is a fee-for-service health plan that has two parts: Part A (Hospital Insurance) and Part B (Medical Insurance).

I'm Turning 65. What Do I Need To Do?

Get started by familiarizing yourself with Medicare and don’t be afraid to ask for help. If you are eligible for Medicare, your initial enrollment period will begin 3 months prior to the month of your 65th birthday and ends 3 months after turning 65. I would also recommend learning the terms Medigap and Advantage. Next you may decide if you want to retire soon or continue working beyond 65. Many seniors continue to work because they enjoy the job, while others continue because they need the money. Some folks just like socializing with their coworkers. The most common reason for retirement is due to health reasons. You may consider the following steps as part of your retirement planning.

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