4/3/2024 0 Comments Explain medicare part abcdIf you can’t afford to pay your Medicare premiums and other medical costs, you may be able to get help from your state. They also may offer extra benefits that Original Medicare doesn’t cover - like vision, hearing, dental, and more. Part C plans may have lower out-of-pocket costs than Original Medicare. These “bundled” plans include Part A, Part B, and usually Part D. Medicare Advantage is an “all in one” alternative to Original Medicare. Medicare Advantage (also known as Part C) Examples include coverage from a Medicare Supplement Insurance (Medigap) policy, or from a former employer or union. ![]() To help pay your out-of-pocket costs in Original Medicare (like your deductible and 20% coinsurance), you can also shop for and buy supplemental coverage. If you want drug coverage, you can join a separate Part D plan. Original Medicare includes Medicare Part A (Hospital Insurance) and Part B (Medical Insurance). ![]() When you first enroll in Medicare and during certain times of the year, you can choose how you get your Medicare coverage. The program helps with the cost of health care, but it doesn’t cover all medical expenses or the cost of most long-term care. ![]() Medicare is our country’s health insurance program for people age 65 or older and younger people receiving Social Security disability benefits. While Social Security offers retirement, disability, and survivors benefits, Medicare provides health insurance. Social Security and Medicare are both programs that are household names, but do you know the true difference? Both programs help safeguard millions of Americans as well as improve the quality of life for their family and friends.
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