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- What is Original Medicare?
- What is a Medicare Supplement Plan?
- What is a Medicare Advantage Plan?
- Pros and Cons of each Plan Type
- Medicare Eligibility and Enrollment
Medicare can be confusing, but you don’t have to spend hours reading information that may or may not apply to you. In less than an hour, you can have a good understanding of Medicare.
I know that might seem impossible after watching numerous TV commercials and reading Medicare mail, but Medicare is like any other topic. You learn step by step.
Learn about Medicare in less than 27 minutes
Medicare Parts A and B
For most individuals in the United States over age 65, Medicare Parts A and B is the foundation of their health insurance coverage. This is where the journey begins. Once you are enrolled in Parts A and B you are able to expand your coverage with a Medicare Supplement plan and a Prescription drug plan.
Why expand your health insurance coverage beyond A and B? Their are many reasons individuals buy additional Medicare insurance, but the main reason is because of Part B. If you are enrolled in Medicare Part B, you are responsible for 20% of all Part B medical expenses. Additionally, your Part B expenses are limitless. In other words, your 20% exposure does not have cap. You are not given a Maximum Out of Pocket amount with Medicare Parts A and B.
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