Medicare Options - 2022
What is Basic Medicare?
Medicare is a Federal Health Insurance program that covers most people 65 years old and over, some people younger than 65 with disabilities, people diagnosed with amyotrophic lateral sclerosis (ALS), and those with end-stage renal disease (ESRD).
Medicare is divided into several parts. Here is a brief overview of these parts:
Part A
HOSPITAL
Part B
MEDICAL-DR LABS ER
Part C
ADVANTAGE PLANS
Part D
PRESCRIPTION PLANS
Premium: For most $-0
Part A Deductible: Medicare does not pay the first $1556 of each Hospital stay
Premium: $170.10
PART B Deductible: $233
Medicare does not pay the first $233 of Medically necessary exprenses
Medicare Supplements
Works with Original Medicare A & B
(also called Medigap)
See details: Plans A - N
• HMO
• PPO
• PFFS
Most include Prescription coverage
There are 32 Plans in AZ
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Stage 1: Deductible $480
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Stage 2: Initial Coverage $4,430
of the actual cost of drugs -
Stage 3: Donut hole or gap:$4,430, through 7,050 You pay 25% on Brand Name and Generic Drugs.
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Stage 4: You pay $3.95 for generic/Preferred drugs and $9.85 for all other drugs or 5% coinsurance-whichever is greater
