WHAT IS MEDICARE?
Medicare is a federal health insurance program for individuals aged 65 and older, and younger people with specific disabilities.
Part A (Hospital Insurance): Covers inpatient hospital stays, skilled nursing, hospice, and home health care.
Part B (Medical Insurance): Covers doctor visits, outpatient care, medical supplies, and preventive services.
Part C (Medicare Advantage): All-in-one private plans bundling Parts A, B, and usually D, often adding dental and vision.
Part D (Prescription Drugs): Optional private plans that help lower prescription medication costs.
Medigap (Supplement Insurance): Private policies that pay for out-of-pocket costs like copays and deductibles.
Medicare Advantage (Part C)
All-In-One Convenience: Combines your hospital (Part A), medical (Part B), and prescription drug (Part D) coverage into one simple plan.
Low Monthly Premiums: Many plans offer $0 or very low monthly premiums, making them highly budget-friendly.
Extra Wellness Benefits: Enjoy built-in perks not covered by Original Medicare, such as routine dental exams, vision care, hearing aids, and fitness memberships.
Financial Protection: Features a maximum out-of-pocket (MOOP) limit that caps the total amount you can spend on medical care each year.
Medicare Supplement (Medigap)
Predictable Medical Costs: Bridges the "gaps" in Original Medicare by paying for deductibles, copayments, and coinsurance.
Total Freedom of Choice: See any doctor, specialist, or hospital in the United States, as long as they accept Medicare patients—no referrals required.
Guaranteed Renewable: Your policy cannot be canceled by the insurance company due to health changes, provided you pay your premiums on time.
Ideal for Travelers: Offers seamless nationwide coverage and frequently includes foreign travel emergency benefits for trips outside the country.