There are many options with insurance coverage for today's beneficiary. Listed are some of those options to help the beneficiary better understand what would best fit their needs.
Medicare is a federally-sponsored health insurance program for people age 65 and older; people younger than 65 with a disability; people diagnosed with amyotrophic lateral sclerosis (ALS); and those with end-stage renal disease (ESRD).
Medicare Supplement Policies -
Medicare Supplement Policies are private insurance policies designed to help pay the out of pocket deductibles and coinsurance that are not covered by original Medicare A and B.
Medicare Advantage Plans -
Medicare Advantage Plans are CMS approved Mediare Plans offered by private insurance companies which replace original Medicare A & B. They are designed to provide comprehensive Medicare benefits under one company.
Employer Sponsored Group Plans -
Many persons have employer sponsored group plans, whether from "active" work, retirement or COBRA / continuation coverage. Depending on circumstances,these plans may or may not meet the beneficiary's needs.
Military or Veteran Coverage -
For Veterans or Military retirees and/or their dependents, there may be coverage that coordinates with Medicare.
Help for Beneficiaries with Limited Income -
Persons with limited income/resources may be eligible for some programs offered thru Medicaid.
Long Term Care Insurance -
Insurance intended to help with the costs of nursing homes, home health care services, or assisted living facilities for those persons who need extra care and help with daily activities.
Health Insurance MarketPlace -
The Federal Exchange provides a listing of individual, family, and small business coverage options for persons without health care coverage.