Medicare and Medigap: Rapid Fire

What this video covers

• What Medicare Parts A, B, C, and D cover, including how Medicare Advantage delivers benefits through a private plan
• Why a hospital visit is not automatically a Part A claim, and how admission status and the billed service determine coverage
• How the 60-day Part A benefit-period rule works, and when a new inpatient deductible may apply
• What the 20% Part B coinsurance applies to, and what it means when a provider accepts assignment
• Why Medigap supplements Original Medicare but does not cover Medicare Advantage cost sharing
• How one-person policies, same-letter standardization, premiums, and the six-month Medigap Open Enrollment window work
• How to compare Part D formularies, drug tiers, and total costs instead of looking only at the monthly premium