Medicare 101

Proper healthcare has become a top priority to many Americans amid this Covid-19 pandemic. Elderly, disabled and those with diabetes have been categorized as being high risk for the virus. 

Medicare is a federal health insurance program that began in 1965, and has been changed numerous times since then. Today, Medicare is available to those who are disabled or 65 years of age or older.   

Medicare part A vs part B

Medicare is divided into several sections, and it is possible to qualify for more than one, although that rarely happens. Part A applies to those who are in a designated medical facility for a certain amount of time. Some of these places include, but are not limited to:

  • Hospice Care Center
  • Nursing Home
  • Hospital 

You may also qualify for Part A if you rely on in-home medical care.  

Part B covers finances along with other medical services including 

  • Routine visits to your physician 
  • Outpatient Clinical Services
  • Necessary supplies relating to your medical care 

Medicare part D

This section of Medicare was created to help with costs related to prescription medication. It can be paired with "Original Medicare" as well as other insurance plans you may have, but is not paired with every insurance company. Make sure you read all the paperwork carefully to understand the benefits you can receive. 

Medicare part C (Medicare advantage)

Medicare Part C, also known as Medicare Advantage, provides Part A and Part B coverage. Sometimes Part D is also included in covering prescription drugs. 

Getting Medicare 

Medicare has many benefits, so if you qualify it is recommended to look into it. You may discover that you do not need to apply for Medicare; if you collect Social Security benefits you are automatically enrolled in Part A and B once you reach the age of 65. However, you will have to contact the Social Security Administration (SSA) to begin receiving benefits if you are not paying into that. It is recommended that you apply around three months before you turn 65. The SSA can also provide assistance for those who have disabilities.