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L&H: Medicare

Women wearing yellow headphones studying in front of a laptop wording study notes

Medicare

Medicare is a government program to help people with medical expenses. It is composed of 4 PARTS.

  • Part A: helps pay hospital bills.
  • Part B: helps pay Dr. bills.
  • Part C: is a program called Medicare Advantage.
  • Part D: helps pay for prescriptions drugs.

The government allows private insurance companies like Humana or United Health Care to sell something called Medicare Supplement Plans (aka Medigap). It is a similar to Medicare Part C but through private insurance companies.

The various Medigap plans (aka Medicare Supplement Plans) also are named by letters.

Medicare Supplement PLAN A is the name of a Medicare Supplement plan.

PART A is a government program to help retirees.

PLAN A is one of about 12 different plans people can choose to buy if they want to get additional coverage by buying a Medicare Supplement (aka Medigap) plan.

Recommended: Gold

The GOLD Course is ALWAYS the recommended class series for all students as it teaches the material in more depth. Over 30 hours of the most in depth classes with a more intensive teaching of the topic. Learn more about L&H GOLD

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