Medicare is a government-funded health insurance program designed to serve people over the age of 65 and younger individuals with disabilities, or End Stage Renal Disease.

Medicare helps with a portion of the costs associated with hospitalization, doctor visits, medical equipment, and prescription drugs. “Traditional Medicare”, as it is sometimes called, generally pays 80% of covered services. Medicare Beneficiaries (people who are entitled to, and enrolled in Medicare) are generally responsible for the remaining 20%.

There are options to help cover the Medicare beneficiary’s portion of Medicare-covered expenses (the 20% co-insurance as it’s often referred to).

Call us to speak to your insurance advocate and learn more about how Medicare Advantage, Medicare Supplements and Prescription Drug Plans can help reduce out of pocket expenses.

What are the different Parts of Medicare?
This is a very common question, and one that is extremely important.

There are 4 different parts to Medicare, and depending which parts you qualify for, you’re entitled to the coverage available through them.

So what does each part cover? We recommend speaking to one of our experienced Local Insurance Advocates for more in depth information—however, here’s a quick rundown: