Medicare Counseling NH
HCB Solutions Group provides Medicare counseling services in NH, to help individuals choose the correct plan to fit their health insurance needs. Our team can help you understand what is involved in each part of Medicare, the plans to choose from and the coverage offered.
Choosing Medicare Advantage Plans in NH
To choose a Medicare Advantage Plan you must first understand what Medicare is, who qualifies for it, and what it involves.
Medicare Advantage Plans are health insurance plans available for anyone who is 65 or older, people under 65 with certain disabilities, and people of all ages that have End-Stage Renal Disease.
Medicare Plans have Part A Hospital Insurance, Part B Medical Insurance, and Prescription Drug Coverage.
- Part A Hospital Insurance: The majority of individuals do not pay a premium for Part A, as they or their spouse have already contributed to it via payroll taxes during their employment. Medicare's Part A (Hospital Insurance) provides assistance for hospital inpatient care, encompassing critical access hospitals, as well as skilled nursing facilities (excluding custodial or long-term care). This coverage extension also includes hospice care and specific home health care services. Eligibility for these benefits requires beneficiaries to fulfill specific criteria.
- Part B Medical Insurance: The majority of individuals pay a monthly premium for Part B. Medicare's Part B (Medical Insurance) aids in offsetting expenses related to doctors' services and outpatient care. Additionally, it encompasses certain medical services that Part A does not include, such as specific offerings from physical and occupational therapists, along with select home health care provisions. Part B plays a role in covering the costs of these eligible services and supplies when they are deemed medically essential.
- Prescription Drug Coverage: The majority of individuals will pay a monthly premium for this particular coverage. Starting on January 1, 2006, Medicare made prescription drug coverage accessible to all Medicare beneficiaries. This coverage aims to reduce the expenses associated with prescription drugs and offer a safeguard against potential higher costs down the line. Medicare Prescription Drug Coverage functions as insurance, with private companies offering the coverage. Beneficiaries have the autonomy to select their preferred drug plan and make monthly premium payments. Similar to other forms of insurance, if a beneficiary opts not to enroll in a drug plan during their initial eligibility window, they might face a penalty should they choose to enroll at a later date.
This information comes from www.cms.gov
Get in Person Help with Medicare Plans in NH
HCB Solutions Group is a dedicated organization specializing in providing valuable assistance to individuals seeking optimal health insurance solutions. Our expertise lies in offering comprehensive Medicare counseling services & in person help with Medicare Plans in NH, ensuring that people have a clear understanding of their options. By leveraging our deep knowledge of the intricacies of Medicare, HCB Solutions Group empowers individuals to make informed decisions tailored to their unique requirements.