June 12, 2015

The Four Parts of Medicare

Financial Advisor
Kari Boxleitner
Financial Advisor

Having access to affordable health care is critical for many seniors. That’s why it’s important that those approaching age 65 or already 65 or older understand the four parts of the Medicare health insurance program. 

Part A: hospital insurance helps pay for:

• Inpatient hospital care

SPONSORED CONTENT

Solar Operations and Maintenance for Commercial Properties

One key qualification to consider when selecting a solar partner to install your system is whether they have an Operations and Maintenance (O&M) or service department. Since solar is a long-term asset with an expected lifecycle of 30 plus years, ongoing O&M should be considered up front. A trusted O&M partner will maximize your system’s energy output and therefor the return on your investment.

• Hospice care

• Skilled home-health services for homebound patients

Part B: medical insurance helps pay for:

• Doctor’s services

• Outpatient hospital care

• Medical equipment and supplies

Part C: Medicare Advantage provides the option to buy government-subsidized insurance from the private sector rather than using the traditional government Medicare coverage.

Part D: prescription drug coverage is optional and comes from a private company, not directly from the government. If you have Part A, Part B, or both, you qualify for Part D. If you choose to participate, the Part D company you select will charge a monthly premium

.

Bouchard Bro2.inddKari Boxleitner
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
Bouchard-Bates-Ripsam-Boxleitner Wealth Management
Group of Wells Fargo Advisors
1073 N. Lincoln Ave.
Loveland, CO 80537
(970) 619-5528
(800) 758-1652

Financial Advisor
Kari Boxleitner
Financial Advisor

Having access to affordable health care is critical for many seniors. That’s why it’s important that those approaching age 65 or already 65 or older understand the four parts of the Medicare health insurance program. 

Part A: hospital insurance helps pay for:

• Inpatient hospital care

• Hospice care

• Skilled home-health services for homebound patients

Part B: medical insurance helps pay for:

• Doctor’s services

• Outpatient hospital care

• Medical equipment…

Sign up for BizWest Daily Alerts