Silver Secrets
This insurance program serves people 65 and older.
Medicare
This joint federal and state program helps cover healthcare costs for eligible low-income individuals
What is Medicaid?
Medicare Part A is commonly known as this type of insurance.
What is hospital insurance?
Doctor visits are generally covered under this part of Medicare.
What is Part B?
Medicare Part D helps pay for these.
What are Prescription drugs?
This goverment agency administers Medicare.
Eligibility requirements for this program can vary by this governmental level.
What is the State level?
Inpatient hospital stays are covered under this Medicare part.
What is Part A?
Medicare Part B primarily covers this type of care rather than inpatient hospital services.
What is outpatient care?
This term describes the list of medications covered by a Part D plan.
What is a Formulary?
Medicare is divided into these four main parts.
What are Parts A, B, C, and D?
This healthcare program often covers long-term care services for eligible beneficiaries.
what is Medicaid?
Following a qualifying hospital stay, care in this type of facility may be covered by Part A.
What is Skilled Nursing Facility?
Wheelchairs, walkers, and oxygen equipment fall into this Part B benefit category.
What is Durable Medical Equipment (DME)?
Part D plans often place drugs into these levels that affect members costs.
What are tiers?
Individuals can also have this to qualify for the progam.
What is ESRD or ALS?
Medicaid provides coverage for many children, pregnant women, and this group of financially eligible adults.
Who are low-income individuals?
End-of-life services focused on comfort rather than cure are covered under Part A through this benefit.
What is hospice care?
Annual wellness visits and many screenings are examples of these Part B services.
What are Preventive Services?
Part D coverage is offered through private companies approved by this federal program.
What is Medicare?
This annual period allows beneficiaries to make changes to their Medicare Coverage.
What is Annual Enrollment Period (AEP)?
Some people qualify for both Medicare and Medicaid and are known by this term.
What are dual eligibles?
Many beneficiaries pay no monthly premium for Part A because of sufficient work credits earned through this tax-funded program.
What is Social Security/Medicare taxes?
After meeting the annual deductible, Part B generally pays this percentage of approved costs.
What is 80%
Beneficiaries who delay enrolling in Part D without creditable coverage may pay this additional charge.
What is the part D late enrollment penalty?