Kentucky Medicare insurance is the health care insurance for the people 65 or older, people under 65 with disabilities and for the people of any age with End Stage Renal Disease (ESRD).
There are four parts of Medicare which help to provide specific Medicare services.
Part A (Hospital Insurance) helps to cover
Part B (Medical Insurance) helps to cover
Part C (Medicare Advantage plans) helps to cover
Part D (Medicare Prescription Drug Coverage) helps to cover
Medicare Part A (Hospital insurance) is premium free to all those people of age 65 or above already receiving Social security benefits. You are automatically covered by Medicare Part A and Part B services when you are 65 years old.
Medicare Part B (Medical insurance) can be joined by paying monthly premiums. The premium for Part B may be standard for every month.
You must sign up for Part B as soon as you are eligible otherwise a late enrollment fee is charged.
You pay for Copayments, coinsurance and deductibles which may apply on each of the above services.
Initial enrollment period
You can avail the enrollment for Part B anytime in seven month period. This seven month period starts three months before you are 65 and ends three months after the month you complete 65 years of age.
General Enrollment Period
If the initial enrollment period is over and you did not enroll for Medicare Part A and /or Medicare Part B, you can enroll from January 1-March 31 each year.
But you will have to pay higher premium for delayed enrollment.