As you age, you may be starting to think about your life insurance and health insurance. Choosing the right medicare insurance plans can be tricky. If you are 65 or older, one of the most common way to obtain senior medical insurance is through medicare.
Medicare is a federal health insurance program for people ages 65 and older. It can also cover younger people who have disabilities or severe health conditions, such as amyotrophic lateral sclerosis (also known as Lou Gehrig’s disease) or end-stage renal disease.
Medicare is divided up into four different parts. Parts A and B are called Original Medicare. Part A covers hospitalization, skilled nursing facility care, and home healthcare. You will receive these benefits automatically and do not pay premiums. When you apply for Part A, you can enroll in Part B. Part B covers a range of medical services like doctor’s visits and annual check-ups. Unlike Part A, Part B requires a monthly premium.
Medicare Part C is called Medicare Advantage. You can get Medicare coverage through private health insurance companies like our medicare insurance in Pennsylvania.
Part D covers prescription drugs. You don’t have to enroll in this part of Medicare, but if you take medications regularly, it might be a good idea for you to consider it.
Many Medicare Advantage plans combine Parts A, B, and D in one plan. Each plan covers only one person. To have a full understanding about your health insurance options and coverage, you may want to consult with licensed health insurance broker.
You may also choose to avail Medicare supplement plans to cover those that medicare doesn’t cover. To qualify, you must be enrolled in Medicare Part A and Medicare Part B.
At Medicare Professional Advisors, our medicare consultants in Allentown, Pennsylvania will be more than happy to accommodate your questions regarding our insurance services.