How It Works
Medicare Part A (hospital insurance)
For most people, Part A comes with no monthly premium. It’s designed to help cover inpatient hospital care, including skilled nursing facility stays (following a qualified hospital stay), and home health care. Members are responsible for deductibles and co-insurance.
Medicare Part B (medical insurance)
Part B helps cover doctor visits and outpatient care. It also covers some other medical services not covered by Part A, such as some services of physical and occupational therapists. The premium can be deducted directly from Social Security benefits. Members are responsible for the co-insurance and yearly deductible.
Medicare supplement insurance
Once enrolled in Medicare Parts A and B, a Medicare supplement insurance plan may help pay some of the costs that Medicare Parts A and B do not cover – like co-insurance and deductibles. Offered by private insurance companies, premiums vary by plan and company. When traveling, coverage goes with insureds anywhere in the United States and some plans pay a benefit for emergency care abroad. By law, Medicare supplement plans cannot provide benefits for prescription drugs.
Guaranteed Issued Rights
Prescription Drug Plans
Although Medicare supplement plans cannot provide coverage for prescription drugs, UnitedHealthcare Insurance Company (UnitedHealthcare) offers several options to help retirees obtain Prescription Drug Coverage, such as UnitedHealthcare MedicareRx for Groups (PDP), and AARP MedicareRx Plans.
Eight AARP Medicare Supplement Plans are available in most states with varying benefits and premiums. This allows retirees to best pick what suits their specific needs.