Medicare Isn’t One-Size-Fits-All. Find Your Fit.
Your local Bankers Life® agent can help you learn more about coverage options for your needs today and the future.
Understanding your Medicare options
Struggling to differentiate between Medicare plans? You’re not alone!
- Easing your concerns about your coverage options is what we do.
- Focus on enjoying your life to the fullest.
- Rest assured that your health is in good hands.
- Multiple carriers to choose from with Medicare Advantage options.
Fill out this form to speak with a local, licensed insurance agent and learn more about your options.
What are the four parts of Medicare and what do they offer?
Medicare Parts A and B are known as “Original Medicare”. Parts C and D are voluntary coverages.
Medicare Part A
Covers hospital stays, skilled nursing, hospice, and some home health care.
Medicare Part B
Covers medically necessary doctors’ services, outpatient care, medical equipment, and preventive services.
Medicare Part C
Combines Parts A and B with extra benefits like drug coverage.
Medicare Part D
Helps cover the cost of prescription medications prescribed by your doctor.
Frequently Asked Questions
What is Medicare?
Medicare is a federal health insurance program for people who are:
- Age 65 and older.
- Younger than 65 with disabilities.
- Any age with end-stage renal disease (ESRD), a type of permanent kidney failure requiring dialysis o or a kidney transplant.
Medicare has helped millions of Americans pay for the health care services they need. You’ve likely contributed to the program through the Social Security taxes deducted from your paycheck.
What is Medigap?
Medigap plans are offered by private companies to cover gaps in Medicare. Also known as Medicare Supplement insurance, these plans:
- Are available if you have Medicare Part A and Part B.
- Have standardized benefits, but companies may vary.
- Have no provider networks or referral requirements, ideal for travelers who split their time among multiple places.
What does Medicare Part A cover?
Medicare Part A covers:
- Hospital inpatient care
- Skilled nursing facility care
- Hospice care
- Home health services
You may still need to pay deductibles, coinsurance, and copayments.
What does Medicare Part B cover?
Medicare Part B covers:
- Medically necessary services (diagnosis and treatment)
- Preventive services (e.g., flu shots, early detection of serious conditions)
It includes:
- Ambulance services
- Durable medical equipment
- Outpatient care
- Second opinions before surgery
- Some outpatient prescription drugs
You may still need to pay deductibles, coinsurance, and copayments.
Is there anything not covered by Medicare Parts A and B?
Medicare Parts A and B do not cover:
- Most long-term care
- Custodial care
- Most dental care
- Eye exams for glasses
- Dentures
- Cosmetic surgery
- Acupuncture
- Hearing aids and fitting exams
- Routine foot care
Why Bankers Life?
- Simplified application process
- Knowledgeable agents provide clear, simple choices tailored to your financial needs.
- Personalized approach
- Since 1879, we’ve provided personalized service to support retirees’ journeys.
- Service you can trust
- You can count on tailored service at your convenience and timely support for all your claims.
- Highly trusted and recognized
- We’ve received an A+ Better Business Bureau rating and “A” (Excellent) rating by A.M. Best for financial strength.*
