Medicare Part A
What is Medicare Part A known as?
What is Hospital Insuance
What is the Annual deductible for 2026?
$283.00
What is a Medicare Advantage Plan also known as?
Medicare Part C
What is the extra amount an individual may have to pay if they did not enroll into a Part D plan when they first became eligible?
Late Enrollment Penalty
What are Medicare Supplement plans also known as?
Medigap
What is the Medicae Part A deductible in 2026
$1,736
What is the base Part B monthly Premium?
$202.90
What additional services, which Medicare does not cover, might be covered under and Advantage Plan?
Dental, Hearing Aid and Vision
What is the first phase of a Part D plan.
Deductible Phase
Which network do Medicare Supplement plans work with?
The Medicare Network
What type of rehabilitative nursing does Part A have coverage for?
Skilled Nursing Facility
What can an individual do if they are currently working and covered by their or their spouses current employment?
Opt Out/Defer
What parts of Medicare do MAPD plans replace?
A, B, and D
What is the out of pocket cost that must be reached before Catastrophic coverage in 2026?
$2,100
Which letter plan is the "Basic" plan?
Plan G
How long is the Part A benefit period?
60 days after discharge
What is the period of time called that runs from 3 months prior tot he month you turn 65 to 3 months after the month you turn 65?
IEP
What part of Medicare must an individual have in order to have a Medicare Advantage Plan?
Medicare Part A and B
What is the name of the listing of medications that a Part D plan covers?
Formulary
What is the type of underwriting Medicare Supplement plans have?
Simplified Issue
What is the maximum amount of Days a beneficiary can be confined to a SNF with Part A coverage.
90 days + 60 lifetime supplies days.
150
What is the amount Medicare Part B normally pays for a Medicare approved service?
80%
When is the Annual Open Enrollment Period for Medicare Advantage Plans?
October 15 to December 7
What is the Late Enrollment Penalty for an individual who missed 2 years of Part D coverage?
24%
Which plan offered in Minnesota generally has the lowest premiums?
HD Plan F