Presley General Insurance Agency
What is Medicare?
Get to Know the Essential Components of Medicare.
GETTING STARTED
Medicare Basics
Medicare is a federal program offering health insurance for people who meet certain requirements, such as:
- 65 or older
- Younger people with disabilities
- Patients with End-Stage Renal Disease (ESRD), requiring a transplant or dialysis
People who are Medicare-eligible can choose to access Medicare benefits through the Original Medicare coverage, a service from the federal government directly. Another option is to choose a Medicare Advantage Plan, which is private insurance coverage through companies that contract with the federal government for Medicare coverage.
The Original Medicare program provides coverage for most doctors and hospitals in the United States. With Medicare Advantage Plans, network restrictions are in place. But these Medicare Advantage Plans often come with additional services not offered through Original Medicare, such as dental or vision services.
Medicare
Part A, Part B, & Part D
Different parts of Medicare over various treatments and healthcare support needed:
Medicare Part A:
Hospitalization, skilled nursing facilities, hospice, and certain types of home health care.
Medicare Part B:
General medical insurance including doctor’s appointments, medical supplies, outpatient care, and preventive treatments.
Medicare Part D:
Prescription medications, including most recommended vaccines and shots.
In most situations, patients don’t need to pay a premium for Part A coverage.
Everyone pays premiums for Part B and Part D coverage. The cost of each plan varies, depending on the provider and specific drugs that are covered.
Are you new to Medicare?
Register for Our 6-Part
Medicare Mini-Course
Our mini-course is sent to you via email in an easy-to-understand video format that you can watch from the comfort of your own home. You’ll learn all of the basic elements of Medicare and get answers to the most common questions.
Feel free to contact us at any time for personal assistance:
By submitting this information you acknowledge a licensed insurance agent may contact you by phone or email to discuss Medicare Advantage Plans, Medicare Supplement Insurance or Prescription Drug Plans.