medicare

Medicare can be difficult to understand. But our team at Capital Region Retirees Association can make it as easy to understand as your ABC's … or in this case A, B, C, and D. 

PART A 

Part A provides you with INPATIENT HOSPITAL COVERAGE  

These areas are covered by Part A:  ​  

• Blood (medically necessary)   
• Home Health Care  
• Hospice Care  
• Hospital Stays  
• Skilled Nursing Facility Care                                                                                          ​ 

PART B    

Part B provides you with OUTPATIENT HOSPITAL COVERAGE  

This coverage includes:  ​  

• Doctors Services  
• Medical Supplies  
• Outpatient Care  
• Selective Preventive Services  ​  

PART C  

Part C provides you with MEDICARE ADVANTAGE, A CO-PAY PLAN  

This coverage is offered by private insurance companies. Part C coverage includes:  ​  

• Hospital (visit and stay)  
• Medical  
• Prescription Drugs  ​  

This coverage may also include:  Dental, Gym Memberships, Hearing and Vision  ​  

Note: Part C often includes Part D prescription drug coverage.  ​  

PART D     

Part D provides you with PRESCRIPTION DRUG COVERAGE  

It provides prescription drug coverage for everyone with Medicare coverage. 

You MUST have Part A, Part B or both Part A & B to get Medicare Part D.  ​  

PLEASE BE AWARE OF PENALTIES THAT ARE INVOLVED IN SOME OF THESE PLANS.

Part B Penalties  

• If you did not enroll in Part B when you were first eligible, your monthly premium may go up 10% for each 12-month period you could have had Part B but did not sign up.  
• In most cases, you will have to pay this penalty each time that you make a payment on your premium for as long as you have Plan B.   ​  

HAVENT ENROLLED IN PLAN B YET BECAUSE YOU ARE NOT ELIGIBLE?  

DON'T WAIT, PLAN AHEAD  CONTACT US TO ENSURE YOU AVOID THESE PENALTIES!  ​  

Part D Penalties  

• Like Part B, Part D also has a late enrollment penalty (in this case, 1% for each full month that is not covered).   
• You may owe a late enrollment penalty if at any time after you Initial Enrollment Period is over, there is a period of 63 or more days in a row when you do not have Medicare drug coverage or other prescription drug coverage.  
• You will generally have to pay the late enrollment penalty for as long as you have Medicare drug coverage.     

ENROLLED IN PLAN A OR B, BUT NOT PLAN D YET?  

DON'T WAIT, PLAN AHEAD  CONTACT US TO ENSURE YOU AVOID THESE PENALTIES!  ​  ​  

LEARN ABOUT MEDIGAP, A MEDICARE SUPPLEMENT   

Medigap helps cover some or even all the costs that original Medicare does not cover. Medigap allows you to visit any doctor throughout the United State who accepts regular Medicare.  Supplemental plans have deductibles that must be met. Some supplemental plans are co-pay plans and others do not have any cost for their service.  Medigap does not include Part D Prescription Drug Coverage and additional benefits listed in Part D, including Dental, Hearing or Vision.

Interested in joining, have suggestions, comments or questions? Please email candy@capitalregionretireesassociation.com