MEDICARE TERMS AND CONCEPTS

Medicare terms and concepts are a confusing mix of seemingly contradictory definitions and illogically assigned labels. Below, we seek to clarify the confusion.

Cost versus Access

Both Original Medicare and Medicare Advantage are compelling options with attractive features. However, one of the most common – and important – considerations is cost versus access. Click HERE for more information.

Premiums, Deductibles, and Maximum out-of-pocket costs

Parts A, B, C, and D all have different premiums, deductibles, and maximum out-of-pocket costs. Click HERE for more information.

Enrollment deadlines and allowable windows to change plans

Medicare has a confusing array of three letter acronyms to describe different enrollment periods. Each year, many people miss their deadlines due to the confusion. Click HERE for more information.

Preventive services

Medicare provides numerous preventive care services to recipients, either free of charge or at a reduced cost. Few beneficiaries, however, are aware of the full range of benefits available to them. Click HERE for more information.

Best practices to ensure coverage that meets your changing needs

Too often, people fail to manage their plans to their needs. There are several best practices that mitigate the costly mistakes that others make. Click HERE for more information.

What is not covered?

Original Medicare and Medicare Advantage provide for a broad base of covered services. They do not, however, cover many common services and procedures. Click HERE for more information.