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MedicareRoad

Medicare 101

Your roadmap to understanding Medicare

The parts, the deadlines, and the choices — explained in plain English. Take your time, jot down questions, and bring them to a free call whenever you're ready.

A clinician explaining information to a patient using a tablet

The ABCs (and D) of Medicare

Medicare comes in parts. Here's what each one does:

Part A

Hospital insurance

Inpatient hospital stays, skilled nursing, hospice, and some home health care. Most people pay no premium for Part A.

Part B

Medical insurance

Doctor visits, outpatient care, preventive services, and medical equipment. Part B has a monthly premium.

Part C

Medicare Advantage

An all-in-one alternative from private carriers that bundles Parts A & B — and usually Part D — often with extras like dental and vision.

Part D

Prescription drugs

Helps cover the cost of your medications. Offered by private carriers; each plan has its own list of covered drugs.

Medigap

Medicare Supplement

Works alongside Original Medicare to help pay the gaps it leaves behind — like that 20% coinsurance.

The gap most people miss

Beware the 20% coinsurance

Original Medicare (Parts A & B) is an 80/20 plan: it covers about 80% of your approved medical costs, and you're responsible for the other 20% — with no yearly cap. On a big medical event, that exposure can be significant. The two paths below are how most people protect themselves from it.

A group of older adults reviewing information together

Your enrollment periods

Timing matters — missing a window can mean lifelong penalties. The big ones:

IEP

Initial Enrollment Period

The 7 months around your 65th birthday — the 3 months before, your birthday month, and the 3 months after.

AEP

Annual Enrollment Period

October 15 – December 7 each year. Compare and switch plans; changes start January 1.

OEP

Open Enrollment Period

January 1 – March 31. If you’re on Medicare Advantage, you get one chance to change plans.

SEP

Special Enrollment Period

A qualifying life event (like moving or losing other coverage) can open a window to change plans outside the usual dates.

Your two main paths

Almost everyone manages that 20% gap one of two ways. Neither is "best" for everyone — the right fit depends on your doctors, your prescriptions, and your budget.

Option 1 — Medigap + Part D

Original Medicare, plus a supplement and a drug plan.

What's good

  • See any doctor or hospital that accepts Medicare, nationwide
  • Predictable costs and fewer surprise bills
  • No networks to worry about

Worth weighing

  • A monthly premium for the supplement
  • Drug coverage (Part D) is a separate plan
  • Best to enroll when you first qualify, while you can’t be turned down

Option 2 — Medicare Advantage

An all-in-one plan (Part C), usually with drug coverage.

What's good

  • Often low or $0 monthly premium
  • Frequently includes dental, vision, hearing, and fitness
  • One card, one plan for most needs

Worth weighing

  • Care works through the plan’s network
  • Costs come as copays up to a yearly out-of-pocket max
  • Benefits can change each year — worth an annual review

Want the side-by-side for your situation? Compare the specific plan types, or just ask Martin.

Questions people ask us first

Does it cost anything to work with you?

No. Our help is completely free to you — we're paid by the insurance carriers, never by you, and that never changes your premium.

Are you part of the government or Medicare?

No. MedicareRoad is a private, independent licensed brokerage. For all of your options you can also contact Medicare.gov or 1-800-MEDICARE.

When can I enroll?

Your Initial Enrollment Period is the 7 months around your 65th birthday. The Annual Enrollment Period runs October 15 to December 7 each year. We'll make sure you don't miss your window.

Will you pressure me to buy something?

Never. Martin's whole approach is to explain your options and let you decide — many calls end with "now I finally understand it."

What if I already have a plan?

Great — we'll review it for free and tell you honestly whether it's still your best fit. Many people keep what they have; some find better coverage for less.

Still have questions? That's normal.

No one should have to figure Medicare out alone. A free, no-pressure call sorts it out.