Medicare Insurance - Throughout North Carolina Statewide

What are the different parts of Medicare?

Medicare insurance is a government-sponsored health insurance program available to most people aged 65 or older and who have paid into Social Security. It’s divided into several sections with differing costs and choices.

What does Medicare Part A cover?

Part A covers hospital treatment costs. In most cases, there’s no premium payment, but recipients pay a deductible and also pay some coinsurance depending upon their medical treatments throughout the year.

What does Medicare Part B cover?

Part B covers medical treatments outside of hospitals. Part B has an annual premium that is dependent on the recipient’s income and Social Security benefits. Recipients also pay a deductible and coinsurance.

Choose from a Medicare Advantage plan as an option.

Medicare recipients can also opt to take out a Medicare Advantage plan—sometimes called Part C. This means that the recipients will still pay for the Part B premium, but will get more choice over the balance of costs (premium, deductible, and coinsurance) and coverage. They may also get coverage for services such as vision, hearing, and dental that aren’t covered by ordinary Medicare.

How are my prescriptions covered?

Whichever plan you choose, the costs of prescription drugs are covered by Part D.

Medicare supplements help fill “gaps” in Original Medicare. Medicare Supplement Insurance (Medigap) policy can help pay some of the remaining health care costs, like deductibles, co-insurance, and co-pays. Medicare insurance can be a complicated issue, so please contact us today if you want to talk about your options.