FAQs

1. What is Medicare?     Medicare is a federal health insurance program for people who are 65 or older, and certain younger individuals with disabilities. It helps cover various healthcare services such as hospital stays, doctor visits, and prescription drugs.

 

2. When can I enroll in Medicare?     You can enroll in Medicare during your Initial Enrollment Period (IEP), which begins 3 months before the month you turn 65 and ends 3 months after the month you turn 65.There are also other enrollment periods for special circumstances.

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3. What is the different parts of Medicare?    Medicare has four parts: Part A (Hospital insurance), Part B (Medical insurance), Part C (Medicare Advantage), and Part D (Prescription drug coverage). Each part covers different healthcare services.

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4. How much does Medicare cost?     The cost of Medicare can vary depending on which parts you choose and your income level. Part A is usually premium-free for most beneficiaries, while Parts B, C, and D have premiums that can vary.

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5. Can I change my Medicare Plan?     Yes, you can make changes to your Medicare plan during certain enrollment periods, such as the Annual Enrollment Period (AEP) or Special Enrollment Periods (SEP) for qualifying events like moving or losing other coverage.

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6. Do I need additional coverage with Medicare?     Some people choose to get additional coverage beyond original Medicare, such as a Medicare Supplement Insurance (Medigap) policy or a Medicare Advantage plan, to help cover costs that Medicare doesn't pay for.

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7. Are prescription drugs covered by Medicare?     Prescription drugs are covered by Medicare Part D, which is a standalone prescription drug plan that helps beneficiaries pay for their medications. It's optional but highly recommended for those who take prescriptions.

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8. What is the difference between Medicare and Medicaid?     Medicare is a federal program that provides health insurance to individuals 65 and older, whereas Medicaid is a joint federal and state program that provides medical aid to people with low income and limited resources.

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9.How can I find out more about my Medicare options?     To learn more about your Medicare options, you can visit Sellersseniorsavings.com or contact our Medicare specialists who can provide personalized guidance based on your needs and preferences.

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10.Is Medicare coverage the same nationwide?     While Medicare coverage is generally consistent across the country, there may be variations in costs and available plans depending on where you live. It's important to review plan details in your specific area.