Hi my name is Josh Mummery, and I am a sales rep for MercyCare Health Plans. I am going to give you a presentation on Medicare options and benefits. After this presentation you should have a better understanding on Medicare as a whole, and I will try to answer any questions you might have.
Medicare has four parts. Part A = Hospital Insurance Part B = Medical Insurance Part C = Medicare Advantage Plans Part D = Drug coverage
Part A is Hospital Insurance
Part B = Medical Insurance
Most Medicare beneficiaries will pay $96.40 for Part B premium in 2010 .
Could be required to pay several deductibles in one year based on the number of hospital visits.
Medicare’s phone # 1-800-633-4227
Part C
Lock in period means that between April 1 and December 31 of each year you cannot change to another plan.
Medicare pays 80% of approved costs, and Medicare Supplement plans picks up the remainder 20%.
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