When evaluating your Medicare options, think about your coverage. Original Medicare consists of Medicare Part A (hospital insurance) and Medicare Part B (medical insurance). Though these help cover some basic health care needs, they do not cover all. You have two options to choose from in order to help fill the gap that Original Medicare leaves; North Dakota Medicare Supplement Plans and Medicare Advantage Plans.
Medicare Supplement Plans help cover Part A and Part B of Medicare. These plans are standardized by the federal government but provided by private health insurance carriers. Unfortunately Medicare Supplement Plans do not cover Part D, prescription drugs. Medicare Advantage Plans, or Part C, help to cover Part A, Part B, and Part D of Medicare. These plans are also provided by private health insurance carriers.
Medicare Health Insurance Providers
How do I choose the North Dakota Medicare health plan that's right for me?
There are many things to consider when purchasing a North Dakota Medicare health plan. You must know and consider your options and evaluate the benefits that best fit your health care needs. Some things to consider when researching a North Dakota Medicare health plan include:
- Annual Deductible
- Monthly Premiums
- Prescription drug benefits
- Out of pocket maximum
- Preventive services
- In-network physicians and hospitals
- Hospitalization expenses
- In Home Care
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.