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⏱️⏱️VIDEO CHAPTERS⏱️⏱️
0:00 Medicare Explained
2:07 Parts of Medicare
8:53 Exposures of Original Medicare (Only)
12:52 Medicare Supplement Options (Standardized)
13:32 Medicare Supplement Plan G
14:27 Medicare Supplement Plan N
17:43 Medicare Supplement Cost (Monthly)
20:13 Medicare Advantage Alternative to Original Medicare
23:50 Original Medicare w/ Supplement
28:48 If you chose Medicare Supplement
30:15 Part D Prescription Drug Plan
35:07 Most Popular Questions
37:01 Where Do I Go From Here?
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Joseph Pate "Medicare Joe" is an independent Medicare insurance broker. He and his team have helped thousands of seniors make an educated decision on their Medicare options.
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Medicare Explained "Medicare Made Simple" is an easy to understand explanation of how Medicare works. It goes over Part A and Part B of Medicare and how to enroll. It goes over Part C, also known as, Medicare Advantage and Part D Prescription Plans. Understanding these parts of Medicare can be difficult and this video simplifies the program to so the average person can understand and make an educated decision.
Part A coverage is considered your hospital coverage. Part B is considered your Medical coverage. These two parts make up 80% coverage. A Medicare Supplement plan can be added to Part A and B to pick up the 20% gap in coverage. Medicare supplements are also known as Medigap plans. If you choose this route for your Medicare coverage you will need to also have a Part D Prescription plan, this will cover medications while on Medicare.
Alternatively, you can enroll into Medicare Advantage and this will take the place of Medicare Part A and B. This is when you are insured through a private insurance company and is very similar to employer- based plans.
Understanding Medicare and the choices you have is very important. This Medicare Explained video helps simplify the process. It makes Medicare simple to understand. It makes Medicare simple enroll. It makes Medicare simple to take action. Once you understand that you need to choose one of the two options when on Medicare, you then can build out a Medicare timeline. This way you know what you need to do and when you need to do it.
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0:00 Introduction
2:07 Parts of Medicare
8:53 Exposures of Original Medicare (Only)
12:52 Medicare Supplement Options (Standardized)
13:32 Medicare Supplement Plan G
14:27 Medicare Supplement Plan N
17:43 Medicare Supplement Cost (Monthly)
20:13 Medicare Advantage Alternative to Original Medicare
23:50 Original Medicare w/ Supplement
28:48 If you chose Medicare Supplement
30:15 Part D Prescription Drug Plan
35:07 Most Popular Questions
37:01 Where Do I Go From Here?
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