Medicare is a big deal and should be taken seriously. This is especially true for the retired individual that is on a limited budget. This coverage not only offers the health protection that you need to stay healthy and safe, but it could be the difference between going over your budget or staying within in. Medicare is complex and the enrollment involves a lot of lingo that you probably won’t even understand. This is why it is important to understand the true facts about Medicare and what it has to offer.
Medicare is basically just a federal health insurance plan that is administered by the Centers for Medicare and Medicaid Services (CMS). This is a division of the US Department of Health and Human Services (HHS). This program pays for a variety of healthcare expenses. This coverage is only available to legally permanent citizens of the United States that are 65 years of age or older. Medicare is somewhat similar to Social Security as it is considered an entitlement program. Most citizens will earn the right to enroll with this coverage by working and paying their taxes for a period of ten years of longer.
You Don’t Have To Do It Alone
Most people think that they are alone when it comes to Medicare. That is not entirely the case and there are trained professionals out there that can assist you with the enrollment process. Check this site out and you will find an independent agent that can help you find an affordable and customizable coverage plan that will suit your medical needs. This individual does not work with any particular insurance company and this gives them the unique ability to find you the best coverage and prices.
There are 4 different plans that are offered by Medicare. This is Part A, B, C and D. The Part A Plan covers hospital visits, B covers non-hospital expenses and D covers prescription drugs. Part C is basically just all three plans bundled together.