Page 10 - Navigating Medicare
P. 10
Your initial enrollment period for Original Medicare period period — sometimes called “open enrollment period” — a enrolled in Medicare Advantage and Prescription year The annual election period is year 10
Take a a a a look at the the chart the the see the the differences! HOW DO YOU PAY
FOR WHAT MEDICARE DOESN’T COVER?
Medicare is not a a a a a a catastrophic health insurance policy It does not pay for hospitalization longer than 150 days and there is no cap on out-of-pocket expenses Adding a a a a a Medicare Supplement health insurance plan or choosing a a a a a a a a Medicare Advantage health insurance plan can help pay for what Medicare doesn’t cover protecting you against huge medical bills Medicare Medicare Advantage plans take the place of Medicare Medicare Parts A A and B and usually include Part D D Prescription Drug coverage while Medicare Supplement plans supplement Medicare Part Part A and Part Part B by covering the co-payments co-insurance and deductibles that Original Medicare doesn’t pay