Medicare: Federal Health Insurance

Decent Essays
Your grandmother just turned 65 and is very confused about medicare. She doesn’t understand why there are four parts to this health insurance program. She asked you to help her with enrolling in Medicare.
(1) List the different part of medicare and (2) explain what each part is and why it may be important to your grandmother.

Medicare has four different part parts: Medicare Part A, Part B, Part C and Part D. Each part of Medicare covers different healthcare costs. You can get your Medicare Coverage in two main ways. One is the Original Medicare and the other is a Medicare Advantage Plan (Part C).
Medicare is the federal health insurance program for people who are 65 or older. However, you are qualify for it because you have worked and paid
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The Medicare Advantage health plans like HMO’s and PPOs. Medicare Advantage plan will covers both your hospital and medical costs, in addition to your dental, vison and hearing and prescription drugs. However if your wishes to have this insurance it important to know that you would have to pay an out-of-pocket maximum each year but once you pays this amount, your health insurance will come in to pay 100% of the cost of services. However, your out-of-pocket costs in a Medicare Advantage Plan (Part C) depend on whether the plan charges a monthly premium, whether the plan pays any monthly Medicare Part B premium and whether it has a yearly deductible or any additional deductibles. Each year, according to the plans established will determine the charges you will pay for premiums, deductibles and covered services you get. Having Medicare Advantage will also cover your emergency care when you travels out of the country with a $50,000 lifetime maximum.
Medicare Part D, is a prescription drug Insurance plan that is provided only through private insurance companies, it is not provided by the government like the Original Medicare. You can get Medicare prescription drug coverage either through adding a Medicare Prescription Drug plan (Part D), or get a Medicare Advantage (Plan Part C). However, this plan will be very important for you, grandmother because it will provide coverage for some of your commonly used brand-name and generic

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