Navigating Medicare can be complex, but Steve Swasey is here to help. With over two decades of experience in the insurance industry, Steve has helped countless individuals understand their Medicare options and make informed decisions based on their specific needs. Below are answers to some of the most common questions about Medicare. If you have any additional questions, feel free to reach out to Steve for personalized guidance.
Medicare is a federal health insurance program primarily for individuals aged 65 and older, but it also covers certain younger people with disabilities and those with End-Stage Renal Disease. Medicare has four main parts: Part A (hospital insurance), Part B (medical insurance), Part C (Medicare Advantage), and Part D (prescription drug coverage). Understanding the differences between these parts is crucial when deciding on the best coverage for your needs.
Medicare Part A helps cover inpatient care in hospitals, skilled nursing facilities, hospice care, and some home health care services. Most people do not pay a premium for Part A if they or their spouse have paid Medicare taxes while working.
Medicare Part B covers certain doctors’ services, outpatient care, medical supplies, and preventive services. There is a monthly premium for Part B, which may vary based on your income. It’s important to review what services Part B covers, as it can help reduce out-of-pocket costs for your routine medical care.
Medicare Advantage, also known as Part C, is an alternative to Original Medicare. These plans are offered by private insurance companies approved by Medicare and include both Part A and Part B coverage. Some plans also offer additional benefits like dental, vision, and prescription drug coverage. Steve can help you determine whether a Medicare Advantage plan is the best fit for your needs.
Medicare Part D provides prescription drug coverage. It is available through private insurance companies either as a standalone plan for those with Original Medicare or as part of a Medicare Advantage plan. If you regularly take prescription medications, enrolling in a Part D plan can help reduce your costs.
Choosing the right Medicare plan depends on your individual health needs, financial situation, and preferences. Steve’s “Needs-Based Approach” helps you evaluate your current health coverage and determine which part of Medicare, or combination of plans, is most beneficial for you. He will help you navigate your options without any pressure, ensuring that you make a decision you feel confident about.
