Medicare is a federally run program which provides health insurance for qualified U.S. residents aged 65 and older and for those with disabilities who have worked and paid into the system through the payroll tax. Medicare is divided into parts A, B, C, and D — Medicare Part A covers hospital stays, skilled nursing, and hospice services. Medicare Part B covers outpatient services such as doctor visits and specialist care. Medicare Part D covers self-administered prescription drugs. Medicare Part C, also known as Medicare Advantage, are private health insurance plans approved by Medicare, that allows patients to choose plans with at least the same benefits as Parts A and B with an option for Part D benefits.
It's important to know the different parts of Medicare coverage, your Medicare rights and protections, and how to find the right Medicare insurance option to reduce your Medicare out of pocket costs. The below articles are simple and consumer-friendly:
The government provides assistance to Medicare beneficiaries with limited income and those who suffer from chronic conditions. The following links are to informational pages related to assistance for seniors as well as additional information on Medicare coverage for durable medical equipment, nursing homes, and other assisted living facilities.
With many Medicare Plan Options available, it can be difficult to find the right health plan for your medical needs. HealthPocket provides unbiased consumer-oriented research to empower people to make their wisest decisions regarding Medicare coverage. Additionally, we provide a Medicare premium comparison tool at the top of this page so you can review the cost differences among different Medicare options: