Medicare
Parts A & B
4 Parts of Medicare - 1min
Medicare A & B Costs and Coverages - 4:49min
Medicare B Higher Income Premiums - 3:45min
Medicare A and B…
- You become eligible for Medicare A and B when you turn age 65, or if you are under 65 and have special circumstances
- Whether or not you need to enroll is depends on if you have creditable coverage (ask HTA for your specific Roadmap into Medicare situation)
- Medicare A and B is great baseline coverage but does not cover all of your medical expenses
What does Medicare Part A Cover?
Medicare Part A is your inpatient hospital coverage.
What does Medicare Part B Cover?
Medicare Part B is your outpatient medical coverage.
Doctors, Specialists, Diagnostic Testing, Outpatient Surgery, Chemotherapy, Emergency Room, Hospital Observation, etc.
Does Medicare A and B pay 100% of my medical expenses?
No. On average, Medicare pays about 80% of your medical expenses. There is no maximum out of pocket limit on your out of pocket share of the expenses. This is what makes secondary insurance so important.
View the Medicare Out of Pocket Costs here
There are also certain services that are not coverage by Medicare. See more information on what Medicare does not cover at medicare.gov
Visit the following pages for more information on plan options
Medicare Supplement Plan Options
Medicare Advantage Plan Options
Medicare Part D Prescription Plans