Medicare is health insurance for:
-
People age 65 or older
-
People under 65 with certain disabilities
-
People of any age with End Stage Renal Disease (ESRD)
Original Medicare
Optional Prescription Drug Coverage
Part A
Part B
Part C
Hospital Insurance
Hospital Insurance for Inpatient Care,
Nursing Care, and Services & Supplies
&
Medical Insurance
For Doctor’s Services, Outpatient
Care, and Preventive Services
Advantage Plans
Medicare Parts A & Part B, with additional benefits
Optional Prescription Drug Coverage
PART D
Optional Prescription Drug Coverage
A prescription drug option managed by private insurance companies under contract with Medicare to help cover the cost of prescription drugs. It may help lower your prescription drug costs and help protect against higher costs in the future.
Medicare has normal out-of-pocket costs
Deductibles
Coinsurance
Copayments
Medicare Part A: Hospital Insurance
2018 Medicare Program
| Feature | Medicare Pays | You Pay |
|---|---|---|
| Deductible | Nothing | $1,340 |
| Hospital Inpatient Care | ||
| First 60 Days | 100% | $0 |
| Coinsurance 61-90 days | All but $335 a day | $335 a day |
| Coinsurance 91-150 days | All but $670 a day | $670 a day |
| Coinsurance 151+ days | Nothing | Eligible Expenses |
| Blood | All but three pints | Three pints |
| Skilled Nursing Facility Care | ||
| First 20 Days | 100% | $0 |
| Coinsurance 21-100 days | All but $167.50 a day | $167.50 a day |
| Coinsurance 101 days and after | Nothing | All |
Medicare Part B: Medical Insurance
2017 Medicare Program
| Feature | Medicare Pays | You Pay |
|---|---|---|
| Deductible | Nothing | $183 |
| Coinsurance | Generally 80% of Medicare approved expenses | Generally 20% of Medicare approved expenses |
| Excess Benefits | Nothing | All |
| Blood | All but three pints | Three pints |
Additional Benefit
2018 Medicare Program
| Feature | Medicare Pays | You Pay |
|---|---|---|
| Emergency Care Received Outside the U.S. | Nothing | All costs |
NOTE: Some Providers may offer as much as a 12% household premium discount for multiple policies in the same household depending on your state, and number of policies held. We have companies that offer a discount if they have someone that is older than 55. Many discounts are offered that can accommodate your situation.
When you speak with our knowledgeable Customer Care Specialist, be sure to mention other members of your household to make sure we apply all applicable discounts.
Medicare Supplement Insurance
helps you pay your out-of-pocket costs.
Medicare Supplement Insurance
Works with Original Medicare Parts A and B
- Medicare Part A Coinsurance
- Medicare Part B Coinsurance
- Deductible Coverage Available
A Medicare supplement insurance policy, also known as a Medigap policy, helps pay your share (coinsurance, copayments or deductibles) of the costs of Medicare-covered services. Some Medicare supplement policies cover certain costs not covered by Original Medicare Parts A and B.
Companies Offer the Same Basic Benefits
Medicare supplement insurance companies can only sell you a standardized Medicare supplement policy identified by letters A through N. Each standardized Medicare supplement insurance policy must offer the same basic benefits, no matter which insurance company sells it. Cost and customer service are usually the only difference between Medicare supplement policies sold by different insurance companies.
When You Can Apply for Medicare Supplement Insurance
You can apply for a Medicare supplement insurance policy just about any time you’re eligible for Medicare and enrolled in Medicare part A and B, including when:
- You’re in your open enrollment period
- You’re past your open enrollment period as long as you don’t have other coverage
- You want a Medicare supplement plan with a lower premium
- You leave your Medicare Advantage/Private Fee for Service plan
- Your employer discontinues its group retiree health coverage