MedicareValue 855.654.INFO
0 selections

What is Medicare?

Medicare is a federal health insurance program for:
  • People age 65 or older;
  • People with certain disabilities; or
  • People with End-Stage Renal Disease (ESRD) (permanent kidney failure requiring dialysis or a kidney transplant.)

Did you know there are 4 parts to Medicare? Selecting a plan can be daunting with all the information out there. That’s where we come in. MedicareValue strives to provide clear, accurate, and trustworthy information to help make it easier for you to understand your Medicare coverage options.

Medicare has four parts:

Part A

Hospital Insurance

  • Inpatient care in hospitals
  • Skilled nursing facility care
  • Hospice care
  • Home health care
  • Part of Original Medicare

Part B

Medical Insurance

  • Services from doctors and other health care providers
  • Outpatient care
  • Home health care
  • Durable medical equipment
  • Many preventative services
  • Part of Original Medicare

Part C

Medicare Advantage

  • All benefits and services under Part A and B
  • Usually includes Medicare prescription drug coverage (Part D)
  • Run by Medicare-approved private insurance companies
  • Have yearly limit on your out-of-pocket costs for medical services
  • May include extra benefits or services not covered by Original Medicare

Part D

Prescription Drug Coverage

  • Helps cover the cost of prescription drugs
  • Run by Medicare-approved drug plans
  • May help lower your prescription drug costs