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Medicare is a federal health program for people 65 years of age and older. When choosing a Medicare plan, there are a lot of terms to understand and know. The most basic of terms are outlined here for your convenience:<\/span> Outside of these core terms, there are other things about medicare to know. <\/span>Health Plans of America <\/b>makes it easy by connecting you to a licensed insurance agent. Connect today to get started!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Medicare is a federal health program for people 65 years of age and older. When choosing a Medicare plan, there are a lot of terms to understand and know. The most basic of terms are outlined here for your convenience: Premium: the monthly amount you pay to have the plan Deductible: the amount you must pay up to before your medicare plan incurs the costs Co-pay: the specific amount your insurance asks the insurer to pay for specific services Co-insurance: the percentage amount the insurer is responsible for after your deductible is met Max-out-of-pocket limit: in the worst-case scenario, this is the most the insurer would be responsible to pay for Outside of these core terms, there are other things<\/p>\n
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