Medicare

Medicare is the national health insurance program offered to seniors 65 and over, individuals under 65 with disabilities, and individuals with End-Stage Renal Disease (ESRD).

Coverage

The program is divided into four parts; A, B, C, and D.

Part A is hospital insurance and covers inpatient services, skilled nursing facility care, hospice care, and home health care. Part B is medical insurance and covers outpatient services, doctors’ services, medical supplies, and preventive care. Part A and B together make up what’s known as Original Medicare.

Part C, or Medicare Advantage, provides the same coverage as both Part A and Part B but includes additional coverage as well, such as prescription drug, dental, vision, and hearing coverage. This makes Part C an all-in-one alternative to Part A and B.

Part D is the prescription drug coverage plan. With Original Medicare, you can purchase Part D as a standalone plan. Or, you can enroll in a Medicare Advantage Plan that provides prescription drug coverage.

Medicare Supplements

Another part of Medicare includes Medicare Supplements, or Medigap. These plans take care of the out-of-pocket costs associated with Original Medicare. You can choose from one of ten plans: A, B, C, D, F, G, K, L, M, and N. Each plan offers a specific range of coverage that tailors to the coverage needs of almost all Medicare beneficiaries.

However, you can only enroll in a Medicare Supplement plan if you have Medicare Part A and B. You cannot have a supplement plan with Medicare Advantage.

Need help finding coverage?

CJC Advisors can help! We are educated in all things Medicare and can provide you with as much information as you need about each plan.

Don’t wait until the last minute to enroll because you don’t know what your options are. Give us a call today at 401-640-7500, so we can walk you through the process step-by-step.

CJC Advisors
can help!