click below
click below
Normal Size Small Size show me how
Medicare Insurance
What Medicare is and Insurance plans offered through Medicare
Question | Answer |
---|---|
What is the single largest healthcare program in the U.S.? | Medicare |
Medicare is the national health insurance program for ___________, ___________, and _____________________. | -Americans age 65 and older -Disabled adults under 65 years of age -Individuals with End-Stage Renal Disease (ESRD) which is permanent kidney failure requiring dialysis or a kidney transplant. |
Medicare Part A is __________ insurance provided by Medicare. | Hospital (most people do not pay a premium for this coverage). |
What is Medicare Part B? | Medical insurance that pays for medically necessary services and supplies provided by Medicare. |
What is Medicare Advantage? | A combined package of benefits under Medicare Parts A and B that may offer extra coverage for services such as vision, hearing, dental, health and wellness, or prescription drug coverage. |
What is Medicare Part C? | A combination of Part A and Part B. The main difference in Part C is that it is provided through private insurance companies approved by Medicare. |
What is Medicare Part D? | Stand-alone prescription drug coverage run by private insurance companies and other vendors approved by Medicare. Optimal program to help Medicare beneficiaries pay for self-administered prescription drugs through prescription drug insurance premiums. |
Medicare beneficiaries can also obtain supplemental insurance called __________. | Medigap |
What does Medigap do? | Helps cover costs not reimbursed by the original Medicare plan. |