What is Medicare?
Medicare is a government health insurance program administered by the Centers for Medicare & Medicaid Services (CMS). Medicare is the largest health insurance service in the country, with around 47 million Americans participating. To be eligible you must be a citizen of the United States and meet certain requirements. If you are not a citizen of the United States, you can contact the Social Security Administration office to learn if you would be eligible.
Can you answer yes to at least one of the following statements?
- I am 65 years of age or older.
- I am under 65, but I have certain disabilities.
What if I have End-Stage Renal Disease (ESRD)?
If you have ESRD, you can enroll in a Medicare Advantage Plan during Open Enrollment (October 15–December 7, 2020). Your plan coverage will start January 1, 2021.
Original Medicare
Original Medicare is a fee-for-service health plan that has two parts: Part A (Hospital Insurance) and Part B (Medical Insurance). After you pay a deductible, Medicare pays its share of the Medicare-approved amount, and you pay your share (coinsurance and deductibles). You can enhance or expand your coverage through Private Insurance Companies with plans like....
Medicare Advantage
Medicare Advantage Plans in Colorado, also called Part C, is a health insurance plan for Medicare Members that offer an alternative to getting Original Medicare coverage. These plans provide all the same coverage but often include additional services like routine vision, Dental care & Fitness.
Medicare Supplements
Medicare Supplement Plans in Colorado, is a health insurance plan also called a Medigap Plan (are sold by private companies), are plans that cover some of the costs not covered by Original Medicare. These might include copayments, coinsurance, and deductibles often referred to a Gaps.
Part D Drug Plans
Medicare Part D plans in Colorado are a health insurance plan that is a way for Medicare beneficiaries to add prescription drug benefits to their Original Medicare (Part A & B) or to a Medicare Supplement Insurance Plan. They are also often included in a Medicare Advantage Plan.