Medicare is a government-sponsored health insurance program available to most people aged 65 or older, as well as to younger people with certain disabilities.
Although Medicare covers many medical expenses, it doesn’t cover everything. Understanding what Medicare does and does not cover — and determining the best option for paying for uncovered expenses — can be challenging. That’s where we can help.
Understanding your options
Original Medicare covers inpatient hospital stays, care in a skilled nursing facility, hospice care and some home healthcare (Part A), certain doctors’ services, outpatient care, medical supplies and preventive services (Part B). You are responsible for costs not covered by Part A or Part B.
Prescription drug coverage (Part D) covers most outpatient prescription drugs. Part D is offered through private companies, such as Island Breeze, either as a stand-alone plan for those enrolled in Original Medicare, or as benefits included with a Medicare Advantage Plan.
Medicare Advantage plans (sometimes called Part C) are offered by Medicare-approved private companies, such as Island Breeze, and provide all of your Part A and Part B coverage, along with extra coverage that may include vision, hearing, dental and health and wellness programs. Most also include Medicare prescription drug coverage (Part D).
Medicare Supplement Insurance — also called Medigap Insurance — complements Original Medicare by paying for uncovered costs such as copayments, coinsurance and deductibles. In addition, a Medigap plan may help with other costs that Original Medicare doesn’t cover, such as Medicare Part B excess charges or emergency medical coverage when you’re traveling outside of the country.
Determining if your Medicare insurance covers your healthcare needs can be complicated. Contact us today to learn more about the options that will work best for you.