THE BASICS: PART A & PART B DRUG COVERAGE
Part A: Hospital
Part A is the most basic tier of Medicare and covers certain hospitalization expenses, including drugs administered only during covered hospital stays.
Part B: Medical
Medicare Part B covers some of the expenses of preventative and outpatient care not covered under Part A. While Part B will help cover drugs deemed medically necessary by a physician for a patient’s treatment, drug costs are applied to the policy holder’s deductible before Medicare pays its portion of any drug expenses.
Between juggling budgets, staying on top of recent industry changes, marketing and networking, and managing your current leads, do you have time to deal with carrier contracts, inefficient quoting systems, staying current with the latest product offerings, sourcing leads, and insufficient commissions? Of course you don’t, which is why Savers Marketing solely focuses on supporting independent insurance agents by providing those services to our contracted agents. We’ll streamline the processes behind the scenes so you can do what you do best: sell the right insurance products to the people who need it.
Your Medicare card is pretty straightforward as it includes:
- Your name
- Your Medicare claim number
- If you have part A (hospital coverage), part B (medical coverage), or both
- The date your coverage started
For the most part, these red, white, and blue cards have stayed the same since their creation in 1965, but starting this year (April 2018), Medicare is sending out new cards.
Every year Savers Marketing takes the time to recognize the hard work of agents and awards the top producers in Senior Health, Major Medical and Life insurance during our annual agent symposium.
