MEDICARE HEALTH INSURANCE
At age 65, medicare becomes your primary insurance coverage. This is true even if you have private coverage provided by an employer or that you pay for yourself.
Medicare does not pay all of the costs of your medical care. Basic coverage applies primarily to the hospital bills. Part B coverage (which is optional!) pays for some portion of the doctors' bills.
You can purchase insurance that will pay a portion of the hospital and/or doctors' bills that are not covered by Medicare. Some of the supplemental plans have a list of preferred medical providers that are covered by their plan. If you use a provider that is not on the list, the plan may pay only a portion of cost or may not cover the bill at all. There are a few providers who do not accept medicare supplemental plans at all. Before you purchase a plan, check with your doctor. Do not rely on assurances from agents trying to sell you the plan, Talk to your doctor or someone in the office.
Prescription Drug Coverage
Basic Medicare does not cover the cost of presiption drugs. You can purchase a prescription drug plan that will pay a portion of the cost of your prescription drugs. There are a number of policies available and you will need to compare the coverage available to find the policy that best fits your needs.