What is Medicare?

Medicare, commonly known as Original Medicare Parts A and B, is a fee-for-service health insurance program in which the government pays healthcare providers directly for services. It is accessible to seniors, those receiving social security dis- ability benefits, and the blind. You can purchase a Medicare Supplement Plan, Part D Prescription Drug Plan, or a Medicare Advantage Plan if you require coverage that Original Medicare does not cover. Four categories make up Medicare. When looking for a comprehensive policy, this enables you to personalize your coverage.

• Part A (Hospital Insurance): Covers hospital care, emergency services, nursing home care, home health services and hospice. • Part B (Medical Insurance): Covers medically necessary services and sup- plies used for diagnosing and treating medical conditions, and preventative services for illness prevention and/or early detection. Examples include ambulance services, mental health care, outpatient procedures and clinical research. • Part C (Medicare Advantage): Combines Parts A and B and often part D as well (offered by private companies approved by Medicare). • Part D: Stand alone prescription drug coverage (offered by private companies approved by Medicare).

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