Medicare Options for Brea, CA

Navigating Medicare can be confusing, especially if you’re new to it. If you’re in Brea, CA, and need help with your Medicare plan, this guide can help you learn the basics and make smart decisions.

Understanding Medicare

Medicare is government health insurance for people 65 and older and some younger people with disabilities. It has several parts, each covering different services.

Medicare Part A and Part B

Medicare Part A covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health care. Most people don’t pay a premium for Part A because they or their spouse paid Medicare taxes while working.

Medicare Part B covers certain doctors’ services, outpatient care, medical supplies, and preventive services. Unlike Part A, Part B requires a monthly premium, which can vary depending on your income.

Medicare Part D Plans

Medicare Part D prescription drug plans cover prescription drugs and are offered through private insurance companies. These plans can vary in cost and the specific drugs they cover, so it’s essential to review your options carefully. When selecting a Part D prescription drug plan, consider the medications you take and compare them to the plan’s formulary (the list of covered drugs).

Medicare Advantage or Medicare Supplement

Medicare Advantage (Part C)

Medicare Advantage plans, also known as Part C, are an alternative to Original Medicare (Parts A and B). These plans are offered by private insurance companies and often include additional benefits like vision, dental, and hearing coverage. Depending on your location, Medicare Advantage Plans include Part D prescription drug coverage, dental, vision, over-the-counter, transportation, and more. Medicare Advantage plans have a yearly limit on out-of-pocket costs for covered services, which can provide financial protection.

Medicare Supplement (Medigap)

Medicare Supplement plans, or Medigap, cover costs that Original Medicare doesn’t, such as copays and deductibles. These plans help with out-of-pocket expenses. They fill in the gaps left by Original Medicare. These plans are also offered by private insurance companies and require an additional premium. Medigap plans do not include prescription drug coverage, so you’ll need a separate Part D plan if you choose this option.

How Much Does Medicare Cost?

Medicare costs can vary based on the coverage you choose and your income. Most people don’t pay extra for Part A, but they do pay for Part B, which costs $174.70 per month in 2024. This amount can increase based on your income. Medicare Advantage and Part D plans also have varying premiums, deductibles, and copayments.

Finding the Right Agent That Knows Medicare

Finding the right insurance agent can make a significant difference in understanding and choosing your Medicare options. Look for agents specializing in Medicare and have experience with plans available in Brea, CA. A knowledgeable agent can help you compare plans, understand costs, and find the coverage that best meets your needs.

New to Medicare?

If you’re new to Medicare, you must start exploring your options early. You can begin the process three months before your 65th birthday. Take the time to understand the different parts of Medicare and consider your healthcare needs, budget, and preferences. Don’t hesitate to seek help from a knowledgeable, trusted insurance agent to guide you through the process.

Understanding your Medicare options in Brea, CA, can help you make informed decisions about your healthcare coverage. Choose the best Medicare plan for you – Original Medicare, Medicare Advantage, or Medigap. Review your options carefully to find the right coverage.