One important Medicare truth everyone should know is that Medicare does not automatically cover every healthcare expense. Original Medicare Part A and Part B help cover many hospital and medical services, but beneficiaries can still have deductibles, coinsurance, prescription drug costs, and services that aren’t fully covered. Depending on your needs, Medicare Advantage plans, Medicare Supplement Insurance (Medigap), and Medicare Part D prescription drug coverage may provide different ways to manage coverage and costs. Understanding Medicare Basics Made Simple and learning what Medicare Part A actually covers and what Medicare Part B actually covers can help you make more informed decisions about your healthcare coverage.
Another Medicare truth is that the right coverage can be different for every person. Your doctors, prescriptions, healthcare needs, budget, provider preferences, and potential out-of-pocket expenses should all be considered when comparing Medicare coverage options. Don’t choose coverage based only on a low monthly premium or additional benefits—look at how the entire plan could work for your individual situation. Have questions about your Medicare options? Call Shields & Associates Insurance Agency at 402-545-8954 to speak with a licensed insurance agent and get help understanding Medicare coverage available to you.