Original Medicare is a federally funded health insurance plan for individuals 65 or older and consists of two parts, Part A (Hospital Insurance) and Part B (Medical Insurance). Most people in the Original Medicare plan have additional coverage to help pay for the services that Medicare doesn't cover.
Medicare Supplemental Plans, or Medigap, is one way to help cover Medicare's gaps. New Hampshire Medicare Supplemental Plans are provided by private health insurance carriers in New Hampshire to help cover coinsurance, copayments, and deductibles.
Medicare Health Insurance Providers
How do I choose the New Hampshire Medicare health plan that's right for me?
Before you decide to buy a New Hampshire Medigap plan, you should determine the services you may want and need in your plan. Some options to explore include:
- Annual deductible
- Monthly premium
- Skilled Nursing Coinsurance
- Preventive services
- Medicare Part B extra charges
- Foreign Travel Emergency
- At Home Recovery
Medicare Health Insurance Plans
Medicare is classified into four different categories.
- Medicare Part A: Part A covers Hospital Insurance and gives financial assistance for inpatient care. Part A also partially covers skilled nurses, hospice, and home health care under certain conditions.
- Medicare Part B: Part B covers necessary medical services such as outpatient care and doctor services. Some preventative care is also covered to maintain your healthy status and minimize the chances that other illnesses might become more severe.
- Medicare Part C: Part C is a Medicare Advantage Plan. It combines Part A and Part B and in some instances, it also combines Part D. Medicare Part C plans are privately managed by insurance companies approved by Medicare. The plans cover necessary medical services, although, these plans have co-payments, coinsurance, and deductibles that can vary.
- Medicare Part D: Part D provides assistance covering prescription drugs. The coverage will vary depending on the plan, but it may help lower your prescription drug costs and help prevent high costs in the future.