Open enrollment for Medicare begins October 15th, so if you’re over 65 and want to make changes to your plan, now is the time to do so.
Here’s a refresher on the different parts of Medicare, something that should interest you.
It used to be relatively simple to enroll in Medicare because your choices were limited. Now with the advent of Medicare Advantage, which has experienced significant membership growth until recently, there are a multitude of choices. In order to understand how Medicare works, consider it’s four basic components, or parts, which are labeled one of four letters: A, B, C or D.
Part A covers hospital inpatient care, skilled nursing care, hospice care, and some home health services, said Deepak Goyal, MD, an executive medical director at Monument Health in South Dakota