The words “Medicare” and “Medicaid” are so similar it’s easy to be confused. They are both government programs and both help people pay for health care. But they are two completely different programs. The main difference is that Medicare is generally for people over the age of 65 or those with disabilities. Medicaid is for
The Annual Enrollment Period (AEP), sometimes referred to as the Open Election Period (OEP), is is from October 15th through December 7th each year. Any changes you make during this time will go into effect on January 1st of the next year. Your Medicare plan benefits and your needs can change on an annual basis, so use
Medicare covers health services and supplies that would be considered medically necessary to treat a condition or disease, such as lab tests, surgeries and doctor visits. If you’re in a Medicare Advantage plan, you may have different rules, but you must have at least the same coverage as Original Medicare. In general, Part A covers
You will be automatically enrolled in Medicare Part A and Part B if you are already getting benefits from Social Security or the Railroad Retirement Board (RRB) starting the first day of the month you turn 65. If you’re under the age of 65 and disabled, you’ll automatically get Part A and Part B after
Original Medicare pays for many health care services, but not all. Medicare Supplement plans are also called Medigap policies. Medicare Supplement insurance policies can help pay some of the costs that Original Medicare does not cover. These are standardized policies sold by private insurance companies and designed to fill in the gaps in Original Medicare.
You are eligible for Medicare at the age of 65 if you are a U.S. citizen or legal resident and you or your spouse has worked in the U.S. for at least 10 years. You are also eligible for Medicare if you are under the age of 65 with certain disabilities or have End Stage
Medicare Part A (Hospital Insurance) helps cover inpatient care in hospitals, hospice care, skilled nursing facility care and home health care. Medicare Part B (Medical Insurance) helps cover outpatient hospital care, services from other physicians and health care providers, home health care, durable medical equipment and some preventive services. Medicare Part C (Medicare Advantage Plan) includes all services
In the United States, Medicare is a national insurance program, administered by the U.S. Federal Government, that guarantees access to health insurance for Americans aged 65 and older, younger people with disabilities as well as people of all ages with end stage renal disease.