Frequently Asked Questions

Why do I need Insurance? 

Insurance becomes extremely important for young adults, families and the elderly because as we go through the different paths of life unforeseeable things can happen. This can have a significant impact on a person or a family, not just emotional but financially. Insurance can help to minimize the additional grieve and stress that impacts a family financially when something happens to their loved ones.   

If I am young do I need health insurance? 

Health insurance is for everyone. Age has nothing to do with a person’s need for health insurance. Illness has no respect to age.  

What is the Affordable Care Act? 

The Affordable Care Act (a.k.a. Obamacare) started in March 2010. ACA is designed to give health insurance coverage to persons who do not have Medicare, group insurance, Medicaid or persons who could not afford to get health coverage because of preexisting conditions. These health insurance plans cover a list of essential health benefits. 

What is Medicare? 

Medicare is a national health insurance program administered by the Centers for Medicare and Medicaid Service (CMS) 

Who is likely to be eligible for Medicare? 

Persons 65 and over as well as those who have had a disability for 2 years or more.   

What does the Part A and Part B mean on the Medicare card?

Part A – Hospital Insurance Benefits (e.g. skilled nursing facilities, rehab facilities and hospice) 

Part B – Medical Insurance Benefits (e.g. doctor visits ) 

How about prescription (medication) coverage? 

That’s Part D –  Prescription drug coverage. You can have a standalone Part D plan or get on a Medicare advantage Plan that has Part D.  

Is there a Part C?   

Yes, that’s called the Medicare Advantage Plans (which must cover Part A and B)