As you near retirement, you may have questions about Medicare regarding what is covered, how much it costs and what coverage options there are. Rhonda Paluck, Insurance Producer with American Insurance Center, is a Medicare expert who can answer your questions. What is Medicare? Medicare is a federal health insurance program for individuals who are 65 and older, are disabled or those with end-stage renal disease. These are the four parts of coverage available:
Part A helps pay for inpatient care in a hospital, skilled nursing facility following a hospital stay, home health care and hospice care. This coverage is typically provided at no cost to you.
Part B helps cover medically necessary doctor services, outpatient care, home health services and preventative services. The cost for Part B coverage is based on income.
Part C, or Medicare Advantage, covers all Medicare services and may offer additional benefits, such as vision, hearing, dental and prescription drug coverage. Part C is not available in all areas. Premiums may change annually, but are not tied to age.
Part D supplements Medicare insurance with prescription drug coverage. Rhonda can help determine the best fit for you as there are many options.
Supplemental Coverage Medicare doesn't cover all medical expenses. Deductibles and cost-sharing payments may apply. That’s why supplemental coverage plans are beneficial as they can provide coverage for most of the costs Medicare does not cover.
Supplemental coverage is offered by private companies, including American Insurance Center. Plans allow you to visit any U.S. doctor who accepts Medicare. Policies are standardized and remain the same year over year. Prices vary and may be based on your age and, in some cases, tobacco use.
Your Options There are many options for your healthcare coverage and many factors to consider. As American's Medicare expert, Rhonda can help you find the right products to meet your needs. To discuss your options, give her a call at (701) 456-3325 or send her an email.
Rhonda was raised on a dairy farm in Summit, South Dakota, and has been working in the insurance industry for more than three decades. “I truly care about my clients and want to help them for their rest of their lives.” In addition to helping her clients obtain the health and benefit offerings they need and can afford, she assists them with the transition to Medicare, long-term care, life and annuity products. Rhonda also works with business owners looking to provide custom benefit plans for their employees.
American Insurance Center is an equal opportunity provider. Products and services offered through American Insurance Center are: * Not a deposit * Not FDIC insured * Not insured by any federal government agency * Not financial institution guaranteed