Medicare

Understanding Medicare: Your guide to federal medical insurance

Contact Maichel Retirement Solutions of West Texas to learn more

Medicare provides essential health coverage for those 65 and older, as well as individuals with certain disabilities or End-Stage Renal Disease (ESRD). This federal program helps cover hospital stays, doctor visits, and prescription medications—ensuring you get the care you need without financial stress. Contact Maichel Retirement Solutions in Abilene, TX today to see if you qualify.

Types of coverage available to you

Understanding your Medicare options is key to choosing the right coverage for your needs. Here’s a breakdown of the main components:

• Part A (hospital insurance, generally free): Covers hospital stays, skilled nursing care, hospice, and limited home healthcare. Generally premium-free.
• Part B (medical insurance, monthly premium): Covers doctor visits, outpatient care, therapy, and certain home health services. Requires a monthly premium.
• Part D (prescription drug coverage, monthly premium): Helps lower the cost of medications, offered through private insurers with a monthly premium.

Important: Late enrollment may result in penalties. Contact Maichel Retirement Solutions today to explore your Medicare options and avoid unnecessary costs.