If you are getting ready to turn 65 or you just became eligible for Medicare due to disability, we recommend you set an appointment to talk with us.  The appointment has two primary parts.  First, we will join you and educate you on Medicare.  During this appointment we will educate you on original Medicare and its components.  Next, we can discuss the different types of Medicare Insurance that are available to purchase.

Choosing a Medicare plan that fits your budget is extremely important.  We have to discuss your health, and your prescription drugs before we can even think about the type of policy that you will need.  We think choosing a Medicare plan is one of the most important decisions that you will make in your lifetime.  Please call us today to set a time to meet..

Medicare Benefits Overview

Medicare is a federal health insurance program for eligible Americans and is funded through 2 trust accounts held by the U.S. Treasury.  The following are categories of people who qualify for Medicare:

  • People 65 or older
  • People under 65 with certain disabilities
  • People of any age with End-Stage Renal Disease (ESRD) (permanent kidney failure requiring dialysis or a kidney transplant)

What are the Different Parts of Medicare?

Coverage is divided into different parts, each with its own purpose:  Parts A, B, C, and D.

Medicare Part A, also called Hospital Insurance (HI), does not require a premium because you or your spouse already paid for it through payroll taxes. Medicare Part A helps cover:

  • Hospital inpatient care
  • Access to critical access hospitals
  • Skilled nursing facilities (not custodial or long-term care)
  • Hospice and home health care

Medicare Part B covers outpatient care. Most people pay a standard premium for Part B. Part B can help cover medical services and supplies that Part A does not cover, as well as the following:

  • Services from doctors and other health care providers
  • Outpatient care
  • Home health care
  • Durable medical equipment (DME)
  • Some preventive services

Medicare Part C is available through private insurers and is also called Medicare Advantage.

  • Includes all benefits and services covered under Medicare Part A: Hospital Insurance and Medicare Part B: Medical Insurance
  • Managed by Medicare-approved private insurance companies
  • Typically includes Medicare Part D: Medicare Prescription Drug Coverage
  • May include supplementary benefits and services for and additional cost

Medicare Part D (Medicare Prescription Drug Coverage

  • Offers assistance in covering the cost of outpatient prescription drugs
  • Manage by Medicare-approved private insurance companies
  • May help in lowering your prescription drug costs and help protect against rising costs in the future

Medicare Supplement Insurance (Medigap)

These plans are designed to help cover the costs that Medicare plans do not. There is no application fee and you can choose any participating Medicare physician. You may receive discounts on eyeglasses, vitamins and alternative medicine and your benefits will not increase simply because you get older.

  • You must be enrolled in Medicare Part A and B
  • You may employ a private insurance company and pay a monthly premium for your Medigap policy. In addition, you’ll be responsible for your monthly premium for Medicare Part B paid directly to Medicare.
  • 11 plans designed to pick up all or part of Medicare approved expenses not paid for by original Medicare

Carolina Insurance Shopper Has You Covered with a Wide Range of Medicare Advantage and Medicare Supplement Insurance Plans.  We would be happy to discuss dependable Medicare options for eligible Medicare recipients.  Contact us today at 704-746-6184 for assistance!