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What is Medicare?

Caregiver and Patient at Skilled Nursing Facility

Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD).

There are four parts to Medicare – Parts A, B, C and D:

Medicare Part A = Hospital Insurance - Inpatient Hosptial Stays, etc.

Medicare Part B = Medical Insurance - Oupatient Services; i.e. Doctor Visits, etc.

Medicare Part C = Medicare Advantage Plans - HMO, PPO, PFFS, MSA, Costs Plans, Medicare/Medicaid

Medicare Part D = Medicare Prescription Drug Coverage

The 2023
Medicare & You Handbook.
This is the OFFICIAL U.S. GOVERNMENT HANDBOOK for MEDICARE.
Click HERE to get your Free Copy.

The Two Main Ways to Get Medicare

2023 Medicare
Annual Election Period (AEP)
October 15th - December 7th

1. Original Medicare – Includes Part A and Part B. You can use any doctor or hospital that takes Medicare, anywhere in the U.S.

If you want drug coverage, you can join a separate Medicare Prescription Drug Plan (Part D).
To help pay your out-of-pocket costs in Original Medicare (like your 20% coinsurance), you can also shop for and buy supplemental coverage like a Medicare Supplement Insurance (Medigap) policy.

Medicare Supplement Insurance Plans (Medigap):

AARP Medicare Supplement Insurance Plans from UnitedHealthcare Insurance Company

AARP Medicare Supplement Insurance Plan - PRESENTATION - FLORIDA
Aetna Medicare Supplement Plans - FLORIDA
Humana Medicare
United American Life Insurance Company - FLORIDA

If you don't get Part D or a Medigap policy when you're first eligible, you may have to pay more to get this coverage later. For Part D, this could mean a lifetime premium penalty.

2. Medicare Advantage – An "all in one" alternative to Original Medicare. These "bundled" plans include Part A, Part B, and usually Part D. Most plans offer extra benefits that Original Medicare doesn't cover – like vision, hearing, dental, fitness memberships, over-the-counter-items and more.