Title: What are the parts of Medicare? ABCD’s Explained.
1What are the parts of Medicare? ABCDs Explained.
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2What is Medicare?
- Medicare is the federal health insurance program
for - People who are 65 or older
- Certain younger people with disabilities
- People with End-Stage Renal Disease (permanent
kidney failure requiring dialysis or a
transplant, sometimes called ESRD) - Medicare is partly funded by payroll taxes from
most employers, employees and all people who are
self-employed. The Medicare program offers basic
coverage to help pay for things like doctor
visits, hospital stays and surgeries.
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3What are the parts of Medicare?
- Medicare is broken out into four parts.
- Medicare Part A
- Medicare Part B
- Medicare Part C
- Medicare Part D
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4The different parts of Medicare help cover
specific services
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5Medicare Part A
- Parts A is known as Original Medicare. Part A
covers inpatient hospital stays, care in a
skilled nursing facility, hospice care, and some
home health care. - This includes things like a shared hospital room,
meals and nurse care. It can also help cover the
cost of hospice, home health care and skilled
nursing facilities.
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6Medicare Part B
- Parts B is also known as Original Medicare. Part
B covers certain doctors' services, outpatient
care, medical supplies, and preventive services. - This is care that happens outside of a hospital.
It includes things like doctor visits and
outpatient procedures. It also covers some
preventive care, like flu shots.
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7Medicare Part C
- Part C helps pay for hospital and medical costs,
plus more. Part C plans are only available
through private health insurance companies. Part
C called as Medicare Advantage plans. This covers
everything Parts A and B cover, plus more. - Part C plans put a limit on what you pay out of
pocket in a given year, too. Some of these plans
cover preventive dental, vision and hearing
costs. Original Medicare doesnt. - You can see a list of the Medicare Advantage
plans .
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8Medicare Part D
- Part D adds prescription drug coverage to
- Original Medicare
- Some Medicare Cost Plans
- Some Medicare Private-Fee-for-Service Plans
- Medicare Medical Savings Account Plans
- These plans are offered by insurance companies
and other private companies approved by Medicare.
Medicare Advantage Plans may also offer
prescription drug coverage that follows the same
rules as Medicare Prescription Drug Plans.
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Phone (843) 681-7400
9Making Your Decision
- Now that you know the parts that make up
Medicare, youre ready to think about your big
Medicare decision choosing between the two
options for getting your medical coverage
Medicare Advantage or original Medicare. - If you are looking for Medicare Benefits in South
Carolina or help with Group Benefits in South
Carolina then please check out our SC Benefit
Advisors Page.
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10Contact US For South Carolina Medicare Advantage
Plans
61 Arrow Rd. Suite FHilton Head Island, SC 29928
(843) 681-7400Toll Free 800-985-8111
ashley_at_schealthbenefits.com
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Phone (843) 681-7400
11Thank You
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