How to Know if You Need a Medicare Supplement Plan

How to Know if You Need a Medicare Supplement Plan

If you’re nearing age 65, you’re probably considering your Medicare enrollment options. The standard coverage beneficiaries receive is Medicare Parts A and B, known as Original Medicare. Part A includes coverage for hospitals, skilled nursing facilities, and hospice care while Part B includes doctor visits, outpatient therapy, ambulances, and medical equipment.

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5 Things Medicare Doesn’t Cover

Medicare Part A and Part B, also known as Original Medicare or Traditional Medicare, cover a large portion of your medical expenses after you turn age 65. Part A (hospital insurance) helps pay for inpatient hospital stays, stays in skilled nursing facilities, surgery, hospice care and even some home health care. Part B (medical insurance) helps pay for doctors’ visits, …

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Who is Eligible for Medicare?

Medicare eligibility: Understanding who is eligible for Medicare Medicare coverage is not available to everyone. To receive benefits under this federal insurance program, you have to meet Medicare eligibility requirements. What does it mean to be eligible for Medicare? Some people might confuse two types of Medicare eligibility: eligibility for Medicare, and eligibility for premium-free Medicare Part A. How you …