Basics of Medicare

Due to the complex and evolving nature of Medicare, this presentation is designed to provide a foundational overview of this health insurance program for individuals age 65 or older and people with certain disabilities. With a look into the different parts of the program, this presentation will discuss the details of Original Medicare, Part A, Part B, Part C and Part D, and what services each part covers. A basic overview of the financial aspects of Medicare is examined, including the cost to a beneficiary. This presentation will review Medicare solution programs and how they complement parts of Original Medicare. We will also explore program eligibility rules for individuals due to age or disability. Attendees will gain a better understanding of Medicare enrollment periods and enrollment options. We will also distinguish when it is advisable to delay enrollment in Medicare as well as recognize how Medicare works with employer coverage.

Takeaways:

• A basic understanding of the parts of Original Medicare and the coverage that each offers

• The differences between the two Medicare solutions available to someone who is Medicare eligible

• The various Medicare enrollment periods and time lines associated with each.