Medicare law was signed in 1965 to provide health insurance coverage for U.S. citizens or permanent residents. To qualify, one must be:
Centers for Medicare & Medicaid Services (CMS), an agency of the U.S. Department of Health and Human Services administer this program.*Includes citizens having Lou Gehrig’s Disease or disabled, receiving SSD for 2 years.
With zero monthly cost Dual Special Needs Plans, you could get more benefits than Original Medicare (Red White & Blue Card) if you are Qualified Medicare Beneficiary; these benefits may include (but not limited to):
This law defines different parts of Medicare, known as part A, B, C & D Here’s what each of these parts cover:
Medicare Part A & B, also known as Original Medicare has deductible and coinsurance. Part C, also known as Medicare Advantage (MA) combines parts A and B with maximum out-of-pocket limit. MA plans may also offer extra benefits, such as free Gym Membership which original Medicare doesn’t offer. Some MAPD plans may include Part D (Prescription drug coverage.)
In addition, Medigap Plan, also known as Medicare Supplement, sold by private insurance companies to fill gaps in Original Medicare coverage. It helps pay all or a portion of Part A and Part B coinsurance, copayments, and/or deductibles, when Original Medicare determines that a benefit is medically necessary. Some Medigap policy, also known as Medicare Supplement, cover benefits not covered by Original Medicare. Separate Part D (prescription drug plan) needs to be added, as it is not included in Medigap plan.