Ashford Insurance


Ashford Insurance is an Independent Marketing Organization working with United HealthCare Medicare Solutions.

Fort Worth Texas Medicare Insurance Plans

Ashford Insurance

Medicare Insurance Made Easy


Fort Worth Texas Medicare Insurance Plans

Medicare Made Simple: Understanding the Basics

Medicare is the federal health insurance program primarily for Americans 65 and older. It also covers certain younger people with disabilities and those with End-Stage Renal Disease (ESRD). Understanding the fundamentals of Medicare is crucial as you plan for your healthcare coverage.

The Parts of Medicare

  • Part A (Hospital Insurance): Part A covers inpatient hospital stays, skilled nursing facility care, hospice, and some home health care. Most people receive Part A premium-free if they or their spouse paid Medicare taxes for a sufficient amount of time while working.

  • Part B (Medical Insurance): Part B provides coverage for doctor’s visits, outpatient care, medical supplies, and preventive services. There is a monthly premium for Part B that is based on your income.

  • Part C (Medicare Advantage): These plans are offered by private insurance companies and provide an alternative to Original Medicare (Parts A and B). Medicare Advantage plans typically include additional benefits like vision, hearing, dental, and prescription drug coverage.

  • Part D (Prescription Drug Coverage): If you decide to enroll in Original Medicare, you’ll want to consider a standalone Part D plan. These plans help reduce the cost of prescription medications.

How to Enroll in Medicare

Your Initial Enrollment Period (IEP) is a 7-month window around your 65th birthday. It is highly recommended that you enroll during this period even if you have employer-sponsored coverage. Otherwise, there can be penalties if you enroll later. You can sign up for Medicare through the Social Security Administration website (‘www.ssa.gov’) or by calling 1-800-772-1213.

Costs and Additional Considerations

Medicare has costs associated with it, even if you qualify for premium-free Part A. These costs include:

  • Deductibles: Amounts you may have to pay before Medicare begins to cover certain services.
  • Coinsurance: A percentage of the cost you pay after meeting the deductible.
  • Premiums: Monthly payments, particularly for Parts B, C, and D.

Getting Help

Navigating Medicare can be complex. There are helpful resources available:

  • Medicare Website: Visit https://www.medicare.gov/ for official information.
  • State Health Insurance Assistance Programs (SHIPs): SHIPs provide free, local counseling on Medicare. Find your local SHIP at https://www.shiphelp.org/.
  • Licensed Insurance Agents: Agents like Ashford Insurance who specialize in Medicare can provide personalized guidance and recommendations for your specific needs.

Key Takeaway: Medicare is a valuable program offering health insurance to millions of Americans. Understanding the basics and getting the right information will help you maximize your benefits and make confident choices about your healthcare.