Your Medicare Coverage Choices at a Glance:
When you become eligible for Medicare, you will be able to choose between:
1. Parts A & B (Original Medicare), Part D (Prescription Drug Benefit), and potentially Medicare Supplement Insurance
2. Part C (Medicare Advantage Plan)
When comparing coverage, it’s important to look at the two core options first: Medicare and Medicare Advantage. Note that Medicare Advantage plans come in many types (the most common are HMOs and PPOs) and must cover the same benefits as Parts A &B of Original Medicare.*
It’s also important to consider the potential to add a Medicare Supplement (or Medigap) policy to your Original Medicare to help cover all or some of the costs of Parts A &B. Remember, you cannot have both Medicare Supplement policy and a Medicare Advantage Plan. If you need help comparing Original Medicare and Medicare Advantage Plans, use these steps to decide:
*If you enroll in Part C, you are still responsible for payment of Part B premiums
** Most Medicare Advantage Plans Cover Prescription drugs. You may be able to add drug coverage in some plan types if not already included.
To Schedule an Appointment with one of our SHIIP counselors, call (910) 754- 2300
Medicare beneficiaries with limited income and assets may qualify for money saving programs called Extra Help and Medicare Savings Programs. Extra Help Provides assistance with Medicare Prescription Drug Plan premiums, deductibles, and copayments. Medicare Savings Programs provide assistance with Medicare medical coverage premiums, deductibles, and copayments.
For More information or to see if you qualify,
call a SHIIP counselor today at (910) 754-2300