What is Medicare? How do the parts work? Can I get help?
Only about 12% of Americans receive advice about Medicare, when 50% expect to receive it.
There are 4 parts when it comes to Medicare: Part A, Part B, Part C (advantage), Part D (prescription).
Part A has no additional monthly premiums and covers hospital stays (Inpatient Coverage)
Part B will typically have a monthly premium and covers doctor’s visits and tests (Outpatient Coverage)
Consequently, Part A + Part B = 80% of all medical costs. Medicare Explained!
Advantage Plans or Part C = Medicare Advantage (provides benefits to Part A and B, offered by private companies)
Medicare Part D = Prescription drug coverage