What is Medicare?
Medicare is health insurance provided by the federal government. The program is available to people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease. There are four parts to Medicare: Parts A-D.
Medicare Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care.
Medicare Part B covers certain doctors' services, outpatient care, medical supplies, and preventive services.
Medicare Part C is offered by private insurance companies and cover the same benefits as Medicare Parts A and B. Medicare pays these companies to cover your Medicare benefits, except for hospice care, which is still covered through Medicare even if you choose a Medicare Advantage Plan.
Medicare Part D Prescription Drug Plans is optional coverage for prescription drugs that can be added to Medicare and to some Medicare Supplement Plans.
Medicare Advantage Plans
Why Choose a Medicare Advantage or supplement Plan?
The total costs for a plan are often lower than the total costs for coinsurance, copayments and deductibles in Original Medicare. In addition, Part D, Prescription Drug Plan benefits are often included in the plans.
Who Is Eligible for an Advantage or supplement Plan?
To apply for a Medicare Advantage or Supplement Plan you must meet the following criteria:
- Live in the service area of the plan you want to join.
- You have Medicare Part A and Part B.
- You don't have End-Stage Renal Disease (ESRD).
How Do I Enroll in a Medicare Plan?
At Herron-Connell, our Licensed Sales Agents can help you decide if a Medicare Advantage Plan is right for you and which one will best meet your needs. Call our office at 865-483-8483 for an appointment.
Open Enrollment occurs every year between October 15th and December 7th.