Medicare has different parts that help cover specific services:

Medicare Part A (Hospital Insurance) - Part A helps cover inpatient care in hospitals, including critical access hospitals, and skilled nursing facilities (not custodial or long-term care). It also helps cover hospice care and some home health care. Beneficiaries must meet certain conditions to get these benefits. Most people don't pay a premium for Part A because they or a spouse already paid for it through their payroll taxes while working.

Medicare Part B (Medical Insurance) - Part B helps cover doctors' services and outpatient care. It also covers some other medical services that Part A doesn't cover, such as some of the services of physical and occupational therapists, and some home health care. Part B helps pay for these covered services and supplies when they are medically necessary. Most people pay a monthly premium for Part B.

Medicare Part D (Prescription Drug Coverage) - Medicare prescription drug coverage is available to everyone with Medicare. To get Medicare prescription drug coverage, people must join a plan approved by Medicare that offers Medicare drug coverage. Most people pay a monthly premium for Part D.

Medicare Supplemental Insurance (Medigap) - Extra insurance you can buy from a private company that helps pay your share of costs in Original Medicare. Policies are standardized, and in most states named by letters, like Plan G or Plan N. The benefits in each lettered plan are the same, no matter which insurance company sells it.

How Does Medicare Work?

You only need to sign up for Part A and Part B once. Each year, you can choose which way you get your health coverage (and add or switch drug coverage). Medicare is different from private insurance as it doesn’t offer plans for couples or families. You are not liable to make the same choice as your spouse.

2 steps to set up your Medicare coverage:

1. Sign up for Part A (Hospital Insurance) and Part B (Medical Insurance)
   You can sign up at certain times. Check when and how to sign up.

2. Choose which way you want to get your Medicare health coverage
   You can choose either Original Medicare or Medicare Advantage (Part C) for your health coverage. If you choose Original Medicare, you’ll also decide if you want drug coverage (Part D) and supplemental coverage, like Medigap.

What is the difference between Medicare and Medicaid?

Medicare is federal health insurance for anyone age 65 and older, and some people under 65 with certain disabilities or conditions. Medicaid is a joint federal and state program that provides health coverage for some people with limited income and resources. Medicaid offers benefits, like nursing home care, personal care services, and assistance paying for Medicare premiums and other costs.

* Info from www.medicare.gov

Confused about when you should take Social Security?

Click on the link below for some helpful information:

How To Maximize Social Security

CMS Required Disclosure:

“We do not offer every plan available in your area.  Currently, we represent 12 organizations which offer 87 products in Indiana.  Please contact Medicare at medicare.gov or 1-800-MEDICARE (TTY users can call 1-877-486-2048); or Indiana State Health Insurance Assistance Program (SHIP) at 1-800-452-4800 for help with your plan choices.”

Note:

Though we are contracted and certified with most MAPD and PDP plans in Indiana, we are not certified to sell ALL plan available in your area.  Some plans do not work through Independent Agents.  However, we use Medicare.gov to present all plans available for sale in your county.  Should a plan that we are not certified to sell meet your needs, we will provide the non-member 800 number for that plan so you can enroll through one of the plan’s agents, or you can self-enroll through Medicare.gov or by calling 1-800-MEDICARE.