What is Medicare
Fika Makes it Easy
Understanding the fundamentals of Medicare Insurance can simplify the process of selecting your ideal coverage. Discover how Fika Insurance Group can effortlessly guide you through your available Medicare Insurance options, ensuring you find the best plan to meet your needs.
No spam calls. No spam email. Just FREE quotes.
THE FOUR MAIN PARTS TO MEDICARE:
Medicare Part A (Hospital Insurance)
- Covers inpatient hospital stays
- Care in skilled nursing facility
- Hospice care
- Home health care
Medicare Part B (Medical Insurance)
- Covers certain doctors
- Outpatient care
- Medical supplies
- Preventive services
Medicare Part C (Medicare Advantage)
- Medicare Advantage is an “all-in-one” alternative to Original Medicare.
- These bundled plans include Part A (Hospital Insurance) and Part B (Medical Insurance), and usually Part D (Prescription Drug Coverage).
- Many Medicare Advantage plans offer additional benefits such as dental, vision, hearing, and wellness programs.
- These plans are offered by Medicare-approved private insurance companies and provide an all-inclusive way to get your Medicare coverage.
Medicare Part D (Prescription Rx Plan)
- Assists in covering prescription drugs
- Helps to cover some recommended shots & vaccines
- Offers a variety of plan options to meet individual needs
- Provides access to a network of pharmacies
- Includes coverage for both generic and brand-name drugs
Speak with License Professional
Serving Clients Nationwide
Fika Insurance Group's Reach and Partners
Fika Insurance Group, headquartered in Greenwood, South Carolina, proudly offers services across several states, including:
South Carolina (SC)
Our home state, where we provide comprehensive Medicare, Life, and Health insurance solutions tailored to meet the unique needs of South Carolinians.
North Carolina (NC)
Serving North Carolina with personalized insurance plans that ensure peace of mind for individuals and families.
Georgia (GA)
Offering Georgia residents access to a wide range of insurance products designed to protect and secure their future.
Tennessee (TN)
In Tennessee, we are dedicated to providing exceptional insurance coverage to safeguard your health and financial well-being.
Florida (FL)
Serving North Carolina with personalized insurance plans that ensure peace of mind for individuals and families.
Texas (TX)
Serving the vast and diverse population of Texas with tailored insurance solutions that fit their specific needs.
Colorado (CO)
Providing Colorado residents with reliable insurance options to protect their health and assets.
Indiana (IN)
Offering comprehensive insurance services to ensure the well-being and security of Indiana residents.
Ohio (OH)
Helping Ohioans find the right insurance coverage to meet their health and financial goals.
Pennsylvania (PA)
Providing personalized insurance solutions to the residents of Pennsylvania, ensuring their peace of mind.
Maryland (MD)
Serving Maryland with expert insurance advice and comprehensive coverage options.
Maine (ME)
Offering Maine residents access to top-notch insurance products to protect their health and future.
Stay Updated with the Latest Insights
Our Most Recent Articles
Chris J
fikainsurance21
FAQs
Frequently Asked Questions!
Typically, Original Medicare is for individuals who are 65 years or older. However, some people under 65 with specific disabilities may also be eligible for Medicare. Additionally, individuals with End-Stage Renal Disease (ESRD), which is permanent kidney failure requiring dialysis or a transplant, can enroll in Medicare regardless of their age. This ensures that those with serious health conditions receive the necessary coverage.
Good news—most Medicare beneficiaries will not pay a premium for Medicare Part A (Hospital Insurance) coverage, often referred to as “premium-free Part A.” For those who do not qualify for premium-free Part A, the monthly premium can be up to $506 in 2024, depending on how long they or their spouse worked and paid Medicare taxes.
Everyone pays a premium for Medicare Part B (Medical Insurance). As of 2024, the standard monthly premium for Part B is $174.70. It's important to note that if your income exceeds a certain threshold, you may have to pay more than the standard amount due to the Income-Related Monthly Adjustment Amount (IRMAA). Learn more about the costs of Original Medicare and how they might apply to you.
When you are first eligible for Medicare benefits, you have a 7-month period to sign up for Medicare Part A and Medicare Part B, known as your Initial Enrollment Period. This period begins 3 months before you turn 65, includes the month you turn 65, and ends 3 months after your 65th birthday month.
If you decide not to enroll when you are first eligible, you will need to wait until the yearly General Enrollment Period. The General Enrollment Period runs from January 1st to March 31st each year, with coverage beginning on July 1st.
In some situations, you may decide to delay enrollment into Original Medicare and sign up through a Special Enrollment Period. For example, if you are covered under a group health insurance plan, you have an 8-month Special Enrollment Period that starts the month after employment ends or the month after your group coverage ends, whichever comes first
G-2 Certified
Your Assurance of Quality and Trust
Fika Insurance Group is proud to be G-2 Certified, a mark of our commitment to excellence and integrity in the insurance industry. This certification is your assurance that we adhere to the highest standards of quality and trust, providing you with reliable and trustworthy insurance solutions.
Unlock Your Free
Medicare Guide
The team at Fika Insurance Group simplifies the complex world of insurance for you. Whether you need clarity on Medicare, Life, or Health Insurance, we are here to help. By signing up for our monthly newsletter, you'll receive our free audiobook, "Understanding Medicare: Your Complete Guide." Stay informed with expert insights and tips, and make confident decisions about your coverage.