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)(permanent kidney failure requiring dialysis or a kidney transplant
   

There are Different Parts of Medicare That Cover Specific Services:

 

1. Medicare Part A (Hospital Insurance)
   + Helps cover Inpatient Care in Hospitals, Skilled Nursing Care, Hospice and Home Health Care.
    

2. Medicare Part B  (Medical Insurance)
   + Helps cover Services from doctors and other health care providers, hospital outpatient care, durable medical equipment and home health care.
    

3. Medicare Part C (Medicare Advantage)
   + Includes all benefits and services covered under Part A and Part B
   + Run by Medicare-approved insurance companies
   + Usually includes Medicare prescription drug coverage (Part D) as part of the plan
   + May even include extra benefits and services for an extra cost
    

4. Medicare Part D (Medicare Prescription Drug Coverage)
   + Helps cover the cost of outpatient prescription drugs
   + Run by Medicare-approved insurance companies
   + May help lower your prescription drug costs and help protect against higher costs in the future

 

What is “Original Medicare"?

Original Medicare is Part A (Hospital Insurance) and Part B (Medical Insurance)

What is a Medigap policy?

A Medigap policy is private health insurance that supplements Original Medicare. This means it helps pay some of the health care costs that Original Medicare doesn’t cover (like copayments, coinsurance and deductibles). These are “gaps”in Medicare coverage. A Medicare Supplement Plan or a Medigap Plan is the same thing.

​

Medigap plans are named alphabetically (e.g. a Plan F or a Plan G). They provide the same required benefits no matter which insurance company offers them. They differ in cost and optional additional benefits they may provide by company.