What Is Medicare?
Medicare is health insurance for the following: Click Here to view more information about Medicare Plans and Options
- 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)
When can I sign up for Medicare?
| 3 months before the month you turn 65 |
2 months before the month you turn 65 |
1 month before the month you turn 65 |
The month you turn 65 | 1 month after the month you turn 65 |
2 months after the month you turn 65 |
3 months after the month you turn 65 |
|---|---|---|---|---|---|---|
| Sign up early to avoid a delay in getting coverage for Part B services. To get Part B coverage the month you turn 65, you must sign up during the first 3 months before the month you turn 65. | Sign up early to avoid a delay in getting coverage for Part B services. To get Part B coverage the month you turn 65, you must sign up during the first 3 months before the month you turn 65. | |||||
What does Medicare Cost?
- Part A
- Hospital
Insurance
(Detailed Information Click Here)
- Most people don’t pay a Part A premium because they paid Medicare taxes while working. This is called "premium-free Part A." In most cases, if you choose to buy Part A, you must also have Part B and pay monthly premiums for both.
- How Do I Get Part A? Learn how and when you can sign up for Part A.
- Part B
- Medical Insurance
(Detailed Information Click Here)
- If you have Part B, you pay a Part B premium each month. Most people will pay the standard premium amount, unless you have a high income then are eligible for Medicaid then Medicade will pay this.
- Part D
- A prescription drug option run by Medicare-approved private insurance companies
- Part D Detailed Information Click Here
- Each plan can vary in cost and drugs covered.
What is Medigap/Medicare Supplement Insurance More Info Click Here
- Covers what medicare doesn't pay
- There are up to 12 different standardized Medigap plans (Plans A through L)
- Each plan each plan has a different set of basic and extra benefits
- Each plan is standardized so all companies plans provide the same benefits
- Each insurance company decides which Medigap policies it wants to sell
- Although each plan is the same for all insurance companies, the costs vary
- You will have to pay a premium to the Medigap insurance company
click here for more info
- In addition to your Part B premium, you usually pay one monthly premium for the services included. Each Medicare Advantage Plan can charge different out of-pocket costs.