Medicare

Medicare health insurance provided by the federal government covers people age 65 or older or some younger people with disabilities.

Medicare health insurance provided by the federal government covers people age 65 or older or some younger people with disabilities as follows:

Medicare Part A (Hospital Insurance)

  • Helps cover inpatient care in hospitals
  • Helps cover skilled nursing facility, hospice, and home health care

Medicare Part B (Medical Insurance)

  • Helps cover doctors’ and other health care providers’ services, outpatient care, durable medical equipment, and home health care
  • Helps cover some preventive services to help maintain your health and to keep certain illnesses from getting worse

Medicare Part C (also known as Medicare Advantage)

  • Offers health plan options run by Medicare-approved private insurance companies. Medicare Advantage Plans are a way to get the benefits and services covered under Part A and Part B. Most Medicare Advantage Plans cover Medicare prescription drug coverage (Part D). Some Medicare Advantage Plans may include extra benefits for an extra cost.

Medicare Part D (Medicare Prescription Drug Coverage)

  • Helps cover the cost of prescription drugs
  • May help lower your prescription drug costs and help protect against higher costs
  • Run by Medicare-approved private insurance companies

 

For the complete Medicare Handbook go to:

http://www.medicare.gov/publications/pubs/pdf/10050.pdf