Medicare Insurance Consists of 4 Parts Shown Above.
Why Medicare A and B Isn’t Enough.
Renee Lempert of Florida Seniors Health Insurance Recommends you Supplement Medicare A and B Coverage. The reasons are listed below:
Medicare A (Hospital Insurance) has deductibles and copayments when you use it and there is no annual limit to your potential costs
Medicare B (Medical Insurance) also does not pay all your costs. Medicare pays 80% and you are responsbible for 20%. In addition there are no annual limits to your potential costs
Medicare A and B do not include drug coverage. In order to get drug coverage, you need to enroll in Prescription Drug Plan. You can choose either a stand alone drug plan or an all-in-one Medicare Advantage Plan.
In you decide to stay enrolled in Original Medicare, you should enroll in a Medicare Supplement Plan. However, you can not enroll in a Medicare Advantage plan if you also have a Medicare Supplement Plan and vice a versa.
Medicare Advantage Plans are all-in-one health plans. In addition, the plans usually include drug coverage. They are usually HMOs and PPOs. Many of the plans have a “0” monthly premiums but charge copay’s for services. Similarly, they include free or low cost additional benefits. For instance, dental, vision, hearing, gym memberships, and over the counter health products.
In summary, it’s important that you learn what your options are and how much each option will cost you. Original Medicare with a Medicare Supplement plan gives you freedom of choice. However, you have to pay every month for the coverage, whether you use it or not that month. On the other hand, Medicare Advantage plans, have free benefits but restrictions on how you can access your benefits.
Resources recommended by Florida Seniors Health Insurance:
Medicare. The official U.S. Government website for all your Medicare questions and answers
Medicare and You Handbook
Social Security. Enroll in Medicare A and B and information on how Medicare works.
Florida SHINE: State Health Insurance Program. Stands for Serving Health Insurance Needs of Elders. Offered through the Florida Department of Elder Affairs and your local Area Agency on Aging. Provides free assistance applying for Medicare, Medicaid, and Medicare Health and Drug Plans.
National Council on Aging. Florida Benefits CheckUp.This website helps you find and enroll in public and private benefits programs. There is an online application for Medicare’s RX Extra Help, prescription drugassistance.. It’s easy to use and free and has up-to-date information.
For additional free, unbiased information about Medicare and supplemental health and drug insurance plans call Renee Lempert at Florida Seniors Health Insurance or use the resources above:
Call Renee Lempert, Medicare Insurance Agent at Florida Seniors Health Insurance or Use the Contact Form! (561) 704-9302
