Medicare
Is Confusing
We can take the “fus” out of confusion. We regularly teach FREE classes on Medicare basics at the Noblesville Senior Citizen Organization. Reach out for more information:
Medicare is confusing, sometimes even maddening. However, I appreciate that our government gives us such a wonderful benefit. Here are some Medicare basics. Medicare has 4 parts:
Medicare Basics
Part A
The cost of this is ZERO if you meet the qualifications, that is if you’ve worked a minimum of 40 quarters (10 Years) or you were married to someone who did work 40 quarters. Medicare Part A begins when you turn 65 or are disabled. This part covers inpatient hospital costs. There will be significant copays for you to pay along with what Medicare pays. Good reason to have a Medicare supplement or Medicare Advantage.
Part B
Optional but very necessary. Wise folks take this as soon as they are able as it covers outpatient medical costs. There is a monthly premium based on your income level. The Standard premium for 2026 is $202.90/mo. There is a small annual deductible then an 80% – 20% copay. Thank God Medicare pays the 80%, but I’ve seen the 20% bankrupt people. Another good reason to have a Medicare supplement or Medicare Advantage.
Part C
Also know as a Medicare Advantage plan or MA or MAPD plan. This will be covered in a different tab. But you need to know this, by law, you cannot have both a Medicare Supplement and a Medicare Advantage plan.
Part D
The “D” will help you to remember this is coverage for your DRUGS. As of 2026 there are only 3 phases to every drug plan. The first phase is the deductible. Companies are allowed to go up to but not over $615 annually in 2026. Many companies have lower deductibles and some have $0 deductibles. Phase two, is the copay phase. The guideline is Medicare pays 75% and you pay 25%. The old phase three known as the Gap Coverage is now gone. Now when the out of pocket (OOP) threshold of $2100 is reached you enter the last phase which is called the Catastrophic Phase where you will pay nothing for your drugs.
In 2026, you would qualify for assistance with the cost of your prescription drugs if…
Your income is under $24,180 a year ($32,712 for a married couple)
AND
You have less than $16,590 in resources ($33,100 for a married couple)
PHONE
Office 317.606.5426
Bob Adams 317.402.3171
Crystal Butler 812.272.5780
HOURS
Mon-Fri: 10am-5pm
Sat: by appt. only
Mon-Fri: 9am-6pm*
*Oct 1-Dec 7
Adams.ins@comcast.net
Crystal@robertadamsinsurance.com
LOCATION
23 S 8th St
Noblesville, IN 46060
Hamilton County