top of page

Medicare 101

Original Medicare, known as Part A and Part B, is the federal health insurance program that pays for a variety of health care expenses for those eligible.  In general, Part A is hospital insurance and covers inpatient hospitalization, skilled nursing care, hospice, and home health care.  Part B is the medical insurance portion and covers services such as doctor visits, outpatient care, and preventive services.  Part D is the prescription drug benefit of Medicare which helps cover the cost of your medication.

Contact Colton Rector for more information and see how we can be of service to you

  • In 1965 at the Harry S. Truman Presidential Library in Independence Missouri, President Lyndon B. Johnson signed into law the bill that led to Original Medicare (Part A and B) and Medicaid

  • In 1966 Medicare was implemented. President Truman and his wife were the first recipients and more than 19 million individuals enrolled by July 1st

  • In 2003 the Medicare Modernization act created a prescription drug benefit (Part D)

  • In 2006 Part D became available and 39 million beneficiaries enrolled

  • As of 2018 Medicare serves more than 59 million individuals

Original Medicare Part A & B covers:

Family Visit

Original Medicare Enrollment Periods

There are several times you are able to enroll into Part A and/or B

  • (IEP) Initial Enrollment Period- a 7 month period starting 3 months before the month of your 65th Birthday, the month of your 65th Birthday, and 3 months after the month of your 65th Birthday.

  • (GEP) General Enrollment Period- If you miss your Initial Enrollment Period, you can sign up between January 1 and March 31 each year. Your coverage will begin July 1.

  • (SEP) Special Enrollment Period- After your Initial Enrollment Period, if you're covered under a group health plan based on current employment, you have a SEP to sign up for Part A and/or Part B anytime as long as you or your spouse (or family member if you're disabled) is working. You also have an 8-month SEP for A and/or B that starts the month after the employment ends or the month after group health plan ends (whichever happens first

Two Main Ways to Obtain or Enhance your Coverage


Add one or both of the following to Original Medicare:



Choose a Medicare Advantage Plan:


Add a Medicare Supplement Insurance (Medigap) policy and/or a Part D plan to Original Medicare. Offered by private insurance companies, a Medicare Supplement policy like a Plan F or G helps pay some of the health care costs that Original Medicare doesn't cover like copays, coinsurance, and deductibles.



A Medicare Advantage Plan (Part C). This plan is offered by private insurance companies and combines your Part A, B, and D coverage into one plan and provides additional benefits.

Medicare can be confusing and evaluating all of your options is stressful and time consuming. The licensed insurance consultants at Denny & Associates, Inc. provide a free service to help make sense of Medicare and assist in finding a plan that best suits your needs.

We provide free, unbiased, expert assistance in navigating the confusing world of Medicare

  • Assistance in choosing a plan that best fits your needs

  • Working in all areas of Medicare including

    • Supplements

    • Part D

    • Part C/Advantage Plans

  • Contracted with the major insurance companies in the area

  • We are an independent agency that works for YOU… NOT the insurance company

  • Our top priority is your satisfaction

bottom of page