Content last reviewed: 01/15/2025 for Plan Year 2025
Medicare
Basics
Understanding Medicare doesn't have to be complicated. Learn the fundamentals of America's health insurance program for seniors.
Questions? Call our licensed agents at (713) 565-0037 (TTY 711)
The four parts of Medicare
Medicare has four parts that work together to provide comprehensive health coverage.
Hospital Insurance
Covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health care.
Most people don't pay a premium
Medical Insurance
Covers doctor visits, outpatient care, medical supplies, and preventive services.
Standard premium: $185/month (2025)
Prescription Drug Coverage
Helps cover the cost of prescription drugs. Available through private insurance companies.
Varies by plan (average ~$40/month)
Medicare Advantage
Alternative to Original Medicare. Includes Parts A, B, and usually D, often with extra benefits.
Varies by plan (many $0 premium)
When to enroll
Initial Enrollment
7-month period around your 65th birthday (3 months before, your birthday month, 3 months after)
Medicare Advantage Open Enrollment
January 1 - March 31 each year to switch to a different Medicare Advantage plan.
Annual Enrollment Period
October 15 - December 7 each year to change your Medicare Advantage or Part D plans