TKG Wealth Advisers’ Post

Medicare is divided into different parts: 1. Part A (Hospital Insurance): Covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health care. Most people don't pay a monthly premium for Part A if they or their spouse paid Medicare taxes while working. 2. Part B (Medical Insurance): Covers outpatient care, doctor visits, preventive services, and some home health care. Part B usually requires a monthly premium. 3. Part C (Medicare Advantage): A private insurance plan that includes both Part A and Part B coverage and often adds additional benefits like vision and dental. These plans typically have their own monthly premiums. 4. Part D (Prescription Drug Coverage): Helps cover the cost of prescription medications. This coverage is also provided through private insurance companies and usually requires a separate premium. Overall, Medicare aims to help seniors and certain eligible individuals manage their healthcare expenses, ensuring they have access to necessary medical services. Disclosure: The above is for informational purposes only, and no statement shall constitute tax, legal, insurance or investment advice. For further information on TKGWealth, please visit www.tkgwealth.com.

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