The way Medicare plans are alphabetized – from “A” to “D” – one might be fooled into thinking that there are but a few options to consider. Unfortunately, deciding which Medicare coverage is right for you is definitely not as easy as a multiple-choice question with a single right answer.
Medicare was designed with the idea that the vast majority of Americans would eventually receive a uniform level of coverage and care once they became eligible. And recipients do receive a basic level of care, but that basic level is riddled with coverage gaps.
To figure out how you can fill those gaps, you’ll need to have a basic understanding of the following plans:
May 1, 2018 – In 2016, an estimated 11.7 million Medicare beneficiaries – about 20 percent of all enrollees – were also enrolled in Medicaid and are… Read more
April 5, 2018 – There’s no right or wrong choice – Medicare Advantage and Original Medicare plus supplemental coverage both work well. But there are… Read more
January 11, 2018 – Also called traditional Medicare, it is the fee-for-service program in which the government pays your health care costs. The coverage… Read more
September 15, 2017 – Medicare Part A coverage, commonly known as "hospital insurance," pays for a broad range of inpatient care in hospitals, skilled nursing… Read more
January 11, 2018 – Medicare Part B picks up - to a large extent - where Medicare Part A leaves off, covering many of the outpatient services and products not… Read more
September 18, 2017 – Medicare offers enrollees the option of going above and beyond their Original Medicare coverage by enrolling in Medicare… Read more
September 17, 2017 – About 41 million Americans have prescription drug benefits under Medicare Part D coverage, either through a prescription drug plan (PDP) or… Read more
September 16, 2017 – Millions of Medicare beneficiaries purchase Medicare supplement insurance to get help with Medicare expenses, including copayments,… Read more