You have several options for health insurance coverage when you retire but the three most common options are:
Although Part D is associated with Medicare, the way it works and the way you enroll is different from Parts A and B.
When you are new to Medicare, it's important to understand the Parts of Medicare. Specifically, what's covered and what's not, what the costs are to you, if you are eligible for benefits and when you are eligible for benefits. Don't worry, I'll keep this simple and quick.
Following are a few tips on choosing a Medicare Supplement plan and the right insurance company to enroll with no matter where you live.
Medicare Part C combines Medicare Parts A (Hospital), B (Doctor and Outpatient) and D (Prescriptions) together. It is most often called a Medicare Advantage plan, an HMO or a PPO.