Medicare is a federal health insurance program for people over 65, certain disabled people under 65, and people with End-Stage Renal Disease.
Its Medicare Advantage program allows private companies like MMM of Florida to manage your Medicare plan and offer additional benefits that are not usually available with basic Medicare.
What are the A, B, C and D Parts in Medicare?
- Part A: Covers hospital services such as those received by the patient at the hospital, care centers and certain types of specialized home care. Eligible individuals are automatically enrolled in Part A when they turn 65.
- Part B: Covers outpatient medical services and other services not covered by Medicare Part A. These services include primary care provider visits, as well as preventive services such as routine tests and vaccines, among others. You must enroll for Part B. If not, you may have to pay a penalty.
- Part C: Also called Medicare Advantage, is a private plan that administers and manages Parts A and B. This plan offers additional benefits and is available for members with Parts A and B and can be combined with Part D. At MMM of Florida, our Medicare Advantage plan offers you:
- Access to physicians and specialists
- Deductibles and coinsurance covers for Medicare Parts A and B
- Hearing, vision and dental services coverage
- Emergency and urgency coverage anywhere in the world
- Prescription Drug Coverage (Part D)
- Part D: A prescription drug coverage that offers Medicare beneficiaries a cost-effective alternative to buy their drugs through a private plan. This coverage is optional and is only offered by private plans. We encourage interested beneficiaries to enroll when they are initially eligible so they can avoid possible penalties for late enrollment.
What happens if I do not request Part B?
If you do not request Part B, you will only have access to Part A benefits until you request Part B. If you delay the request for Part B, Medicare may impose economic penalties.