Here is an introduction to help us understand Medicare [Boss Insurance]

Understand The Details Of Health Insurance Before Enrolling.

As more baby boomers focus on retirement, health insurance has become an increasingly hot topic. In fact, it’s one of the things I get asked about most often. So, in this article, I’m going to explain some of the basics and highlight a few things that tend to surprise future retirees.

What is this?

Medicare is a federal health insurance program for anyone over age 65, certain younger people with disabilities, and people with end-stage kidney disease. Medicare has three main parts: Part A, Part B, and Part D.

Part A is what is commonly called “hospitalization insurance”. This covers hospital stays, care in a qualified nursing home, palliative care and some health insurance. Part B is your “medical insurance” and covers certain doctor visits, outpatient care, and other preventative services. Part D is prescription drug coverage that helps cover the costs associated with your medications.