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Medicare Presented by: Manidipa

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Page 1: Medicare

MedicarePresented by: Manidipa

Page 2: Medicare

INTRODUCTIONMedicare coverageOriginal Medicare PlanMedicare Supplement Insurance (Medigap)Medicare Advantage and other Medicare plansMedicare prescription drug coverageMedicaid and Medicare Savings Programs

Page 3: Medicare

What Is Medicare?A health insurance program for

People 65 years of age and olderPeople under age 65 with certain disabilitiesPeople with End-Stage Renal Disease (ESRD)

Administered by Centers for Medicare & Medicaid Services (CMS)

Enrollment by Social Security Administration (SSA) or Railroad Retirement Board (RRB)

Page 4: Medicare

Applying for MedicareApply 3 months before age 65

Don’t have to be retiredContact the Social Security Administration

Enrollment automatic if receiving Social Security or Railroad Retirement benefits

Page 5: Medicare

Medicare

Medicare Basics

Part AHospital Insurance

Part BMedical Insurance

Prescription Drug Coverage (Part D)

Page 6: Medicare

Medicare Coverage BasicsPart A Inpatient hospital

care Skilled nursing careHome health care

Hospice care

Part B Doctors’ services and outpatient care

Preventive services Diagnostic testsSome therapiesDurable medical

equipment

Part D Outpatient prescription drugs

Page 7: Medicare

Medicare Part AMost people receive Part A premium freePeople with less than 10 years of Medicare-

covered employmentCan still get Part A

Will pay a premiumFor information about Part A entitlement

Call SSA1-800-772-1213TTY users call 1-800-325-0778

Page 8: Medicare

MedigapHealth insurance policy

Sold by private insurance companiesMust say “Medicare Supplement Insurance”Covers “gaps” in the Original Medicare Plan

Deductibles, coinsurance, copaymentsDoes not work with Medicare Advantage

PlansUp to 12 standardized plans A – L

Except in Massachusetts, Minnesota, Wisconsin

So people can compare easily

Page 9: Medicare

How Medigap WorksPeople can buy a Medigap policy

Within 6 months of enrolling in Part BMust be age 65 or older

If they lose certain kinds of health coverageThrough no fault of their own

If they leave MA Plan under certain circumstances

Whenever the company will sell them oneMonthly premiumGenerally go to any doctor or specialist

Page 10: Medicare

Medicare Advantage PlansHealth Maintenance Organization (HMO) Plans

Some have Point-of-Service optionPreferred Provider Organization (PPO) Plans

Regional PPOs new in 2006Private Fee-for-Service (PFFS) PlansSpecial Needs PlansMedicare Medical Savings Account (MSA) Plans

New in 2007

Page 11: Medicare

Eligibility for MA Plans

Live in plan’s service areaEntitled to Medicare Part AEnrolled in Medicare Part B

Continue to pay Part B premiumMay also pay monthly premium to plan

Don’t have ESRD at enrollmentSome exceptions

Page 12: Medicare

Medicare Prescription Drug CoverageCoverage began January 1, 2006Available to all people with Medicare Provided through

Medicare Prescription Drug PlansMedicare Advantage and other Medicare plansSome employers and unions

Page 13: Medicare

MedicaidJoint Federal and state program

For some people with limited income and resources

If eligible, most health care costs coveredEligibility determined by stateApplication processes varyOffice names vary

Social ServicesPublic AssistanceHuman Services

Page 14: Medicare