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Part ACovers:
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FAQs
What is a Medicare Advantage Plan?
Medicare Advantage Plan, also known as Part C, is a Medicare Plan run by private insurance companies. A Medicare Advantage Plan offers all of the benefits covered under Original Medicare and more. Medicare pays a fixed fee to the plan you choose in accordance with the 2003 Medicare Prescription Drug, Improvement, and Modernization Act. It covers all of the benefits covered under original medicare and more, like Dental, Hearing, vision and Gym Memberships.
What types of Medicare Advantage Plans are there?
- Health Maintenance Organizations (HMOs)
- Preferred Provider Organizations (PPOs)
- Private Fee for Services (PFFS)
- Medical Savings Plan (MSP)
- Special Needs Plan (SNP)
What does Medicare cost?
Part A of Medicare usually has no monthly premium if you or your spouse paid Medicare taxes for a total of 40 quarters while working. In 2020, you pay $198 for your Part B deductible.
Where can I get help paying for Medicare?
- Extra Help
- Medicaid
- Programs of All-Inclusive Care for the Elderly (PACE)
What is the difference between Medicare & Medicaid?
Medicare and Medicaid are both government health care programs but they are very different. Medicare is generally for people who are older or disabled. Medicaid is for people with limited income and resources. When a person qualifies for both programs out-of-pocket costs can be minimal.
I am disabled - where can I get Medicare?
You automatically get Part A and Part B after you get one of these:
- Disability benefits from Social Security for 24 months
- Certain disability benefits from the RRB for 24 months
- A Medicare Advantage Plan (Part C)
- Medicare prescription drug coverage (Part D)
Services We Offer
Medicare Advantage
Medicare Supplements
Prescription Drug Plans
Hospital Indemnity Plans
Final Expense
Dental, Vision, Hearing
Contact us today to schedule your no cost consultation and walk away
with a clearer understanding about the health care options in retirement!
T.R.U.E Financial Guides has built its reputation on Transparency, Responsiveness, Understanding and Ethics. We look forward to guiding you through the Medicare process and serving you for years to come.