Medicare is a type of health insurance, provided by the federal government, that helps people 65 and older or who have certain disabilities get the medical care they need. It covers many different types of services, from preventive care like immunizations to hospitalization to home health services. Let's go over the basics of this option.

What Does Medicare Cover?

Medicare covers a range of medical services, including hospital stays, doctor visits, mental health care, preventive screenings, and more. It also offers prescription drug coverage through Medicare Part D. Additionally, medicare insurance contractors may offer supplemental plans to help cover additional health expenses.

Who Is Eligible for Medicare?

In general, Medicare insurance providers cover people 65 or older, certain people under 65 with disabilities, and those diagnosed with End-Stage Renal Disease. Those eligible for Medicare may also be able to get additional help with costs like deductibles and co-insurance.

Enrollment

Medicare enrollment is handled through the Social Security Administration, and you must enroll during your initial enrollment period. According to AARP, Medicare enrollment will rise to 79 million by 2030, so it's important to know the deadlines and requirements for enrollment.

How Much Does Medicare Cost?

The exact cost depends on the type of services needed and the plan chosen. There are premiums, deductibles, and other out-of-pocket costs associated with Medicare, which insurance providers can help explain. Additionally, Medicare helps reduce costs for those who qualify for additional assistance.

Help for Seniors

Seniors often need medicare insurance providers to help them understand medicare coverage and the costs associated with it. In addition, insurance professionals can help those eligible for Medicare enroll in the plan and understand the options available to them. Regardless of income level, seniors can get some type of Medicare, so take time to explore all the relevant options and coverage levels.

Help for the Disabled

Disability may include conditions like stroke, ALS, multiple sclerosis, and other serious conditions. In addition to physical disability, Medicare may cover mental health services.

As healthcare enrollment opens up, ensure you have the coverage you deserve. Whether you're a senior, disabled, or simply looking for medicare insurance providers to help cover medical costs, medicare can provide you with coverage and peace of mind. Contact our local team today at Insurance Products Source for more information.