Getting started with Medicare
Medicare is a national social insurance program, administered by the U.S. federal government that guarantees access to health insurance for Americans aged 65 and older who have worked and paid into the system, and younger people with disabilities as well as people with end stage renal disease and persons with amyotrophic lateral sclerosis. Though Original Medicare (A and B) is an excellent choice it does not cover you completely. For complete coverage you need to purchase a Medicare Supplemental or Medicare Advantage plan.

Medicare is comprised of 4 major programs, Parts A, B, C, and D. Medicare Part A and Part B are called “Original Medicare.” Part A covers in-patient hospitalization while Part B covers outpatient services and other medical care. Part C denotes the “Medicare Advantage” program where private insurance companies deliver Medicare Part A and Part B benefits to plan enrollees. Part D is the Medicare prescription drug benefit.

Senior Couple Exercising In ParkYour circumstances dictate when you can enroll in or change Part C and Part D plans. For those who already have a Part D plan, the annual enrollment period (AEP) is October 15th through December 7th.

At PBT we work with you to find a Supplemental or Medicare Advantage plan that works best for you. We take the word confusing out of the equation and help you understand Original Medicare (A and B), Supplemental plans and Medicare Advantage plans (C) and Medicare Drug plans (D).

To learn more about Medicare Supplemental or Medicare Advantage plans, give us a call or Contact us.

Medicare Basics: Open PDF or right click to download.