Medicare Basics
What is Medicare?This federal health insurance program primarily serves people aged 65 and older
What is Medicare?
This part of Medicare covers prescription drugs.
What is Part D?
You can enroll in Medicare 3 months before and after this birthday.
What is your 65th birthday?
The ACA was signed into law by this U.S. President in 2010.
Who is Barack Obama?
The ACA provides these to help low-income individuals afford insurance.
What are subsidies (or premium tax credits)?
What is Part A?This part of Medicare covers hospital stays and inpatient care.
What is Part A?
Medicare Advantage Plans are also called this letter.
What is Part C?
If you're already receiving this type of benefit, you may be auto-enrolled in Medicare.
What is Social Security?
The ACA is often referred to by this nickname.
What is Obamacare?
People who make too much money may not qualify for this ACA financial help
What is a subsidy?
What is Part B?This part of Medicare helps pay for doctor visits and outpatient services.
What is Part B?
Part C combines hospital, medical, and often this extra coverage
What is prescription drug coverage (or dental/vision)?
The period each year when you can make changes to your Medicare plan.
What is the Open Enrollment Period (Oct 15 – Dec 7)?
The ACA made it illegal for health insurance companies to deny you for this reason.
What is a pre-existing condition?
ACA plans must cover this percentage of essential health benefits under a "silver" plan.
What is 70%?
You must be this age to become eligible for Medicare (in most cases).
What is 65?
You usually pay this monthly cost for Medicare Part B.
What is a premium?
Missing your initial enrollment period may cause this.
What is a late enrollment penalty?
This is the online marketplace where people can shop for ACA plans.
What is HealthCare.gov or My MFG
This cost-sharing type refers to what you pay before insurance starts paying.
What is a deductible?
Medicare is run by this U.S. federal agency.
What is the Centers for Medicare & Medicaid Services (CMS)?
Medigap policies help cover these out-of-pocket costs.
What are deductibles, copayments, and coinsurance?
People under 65 can qualify for Medicare early if they have this disability benefit.
What is Social Security Disability Insurance (SSDI)?
The ACA aims to increase the number of Americans with this.
What is health insurance (or health coverage)?
This is the maximum amount you’ll pay out-of-pocket for covered services in a year.
What is the out-of-pocket maximum?