Understanding MedicareMedicare is the federal health insurance program for people who are 65 or older, and certain younger people with disabilities.When eligible retired members and dependents of deceased members reach age 65, Medicare becomes the primary payer, and the benefits available under the CHP take on a supplemental role. Members can enroll at a local Social Security office two to three months prior to turning 65. Non-enrolled members are still considered Medicare members by Concordia Plan Services.
The different parts of Medicare help cover specific services:
- Medicare Part A (Hospital Insurance) - Covers inpatient hospital stays, skilled nursing facilities, hospice care, and some health care.
- Medicare Part B (Medical Insurance) - Covers certain doctors' services, outpatient care, medical supplies, and preventive services.
- Medicare Part D (Prescription Drug Coverage) - Adds prescription drug coverage to original Medicare. Plans are offered by insurance companies and private companies approved by Medicare.