As we go through these postings I will expand on all the information and terms mentioned in this initial post.
Let’s start with what Medicare Insurance actually is.
It’s a government developed health benefits program for U.S. citizens or permanent residents who meet certain work history requirements. It was signed into law in 1965 and is administered by the Centers for Medicare & Medicaid Services (CMS), an agency of the U.S. Department of Health and Human Services.
The various parts of Medicare are:
- Part A – Hospital related coverage
- Part B – Medical related coverages (doctors, labs, etc.)
- Part C – Medicare Advantage health plans
- Part D – Prescription drug coverage
- Supplemental / Medigap - Private additional insurance to fill in some gaps in original Medicare
The combination of these Parts in various configurations becomes the total package of Medicare coverage we can each have. Medicare is by person so we each can have a different configuration and that includes husbands and wives. There are no Medicare parts that can be setup as “family” coverage.
As I will discuss in later posts only certain combinations or configurations are allowed by the CMS.
Next is a very brief synopsis of each of the parts of overall Medicare Insurance coverage, plus an icon I will use in my posts when referring to the different parts.