New to Medicare? Get familiar with plans and terminology

At Univera Healthcare, we want to empower you to choose the best coverage for your needs. We’re taking the guesswork out of navigating Medicare by breaking down the fundamentals.

What Is Medicare?

Medicare is a federal medical insurance program in the United States. Individuals who meet certain eligibility requirements can enroll in Medicare. There are several parts to overall Medicare coverage options:

Most individuals enrolling in Medicare combine some or all of these parts to provide comprehensive health coverage. View Medicare options, side-by-side, in Comparing & Combining Medicare Options.

Who is eligible for Medicare?

To be eligible for Medicare, you must meet one of the following requirements:

  • Age 65 or older
  • Under 65 with certain disabilities
  • Any age with End-Stage Renal Disease (ESRD) (permanent kidney failure requiring dialysis or a kidney transplant)

Medicare Terminology

Premium A fixed amount you pay for Medicare coverage. You may pay the premium directly to Medicare, your Medicare plan such as Univera Healthcare, or both, depending on your coverage. Most premiums are charged monthly.


A dollar limit you must meet from the sum of your out-of-pocket payments for covered services before your plan begins to pay. For example, if your deductible is $250, you would pay that amount for a covered service and your plan would cover the rest.
Copayment (copay) The fixed dollar amount you pay for a covered health care service or benefit when you receive it. For example, if your copayment is $20, you would pay that amount when you receive the health care service, and your plan would pay the remainder.
Coinsurance A percentage of the cost you pay for a covered health care service or benefit when you receive it. So, if your plan has a coinsurance of 30%, your plan would cover 70% of the cost of the service.

Financial Assistance and Support Options

You should also be aware that there are various financial assistance programs and additional support options that may be available to help bring down the types of Medicare costs detailed above.

  • Extra Help: If you meet certain income limits, you may qualify for Extra Help, which helps pay for Medicare drug coverage such as plan premiums, deductibles, and prescription copays or coinsurance.
  • Elderly Pharmaceutical Insurance Coverage (EPIC): A New York State program administered by the Department of Health, EPIC helps income-eligible people aged 65 and older supplement their out-of-pocket Medicare Part D drug plan costs.
  • Medicare Savings Program: You may be able to get help from New York State for paying your Medicare premiums. In some cases, Medicare Savings Programs may also pay Part A and Part B deductibles, coinsurance, and copayments.

What Are The Different Parts of Medicare?

We’re breaking down the different types of Medicare, so you can better navigate enrollment.

Original Medicare - Part A & B

Original Medicare, sometimes called Traditional Medicare, is administered directly by the federal government and comes in two parts: Part A & B.

Learn about Part A & B

Medicare Advantage & Part D

Medicare Advantage, or Part C, is provided by a private insurer, like Univera Healthcare. Medicare Part D is prescription drug coverage.

Learn about Part C & D

Ready to Enroll? Our Team Is Here to Help

Univera Healthcare has Medicare experts right here in Western New York, and we’re ready to support you in every way possible.

Get Help From Our Team

Our dedicated local Medicare Consultants are here to answer all your Medicare questions.

Meet with Us

Enroll Online

Ready to enroll in Medicare? Univera Healthcare makes it easy to enroll online or over the phone.

Enroll in Medicare

Shop and Compare Plans

Find a Medicare plan that fits your health needs and budget.

View Plans

Univera Healthcare is an HMO plan and PPO plan with a Medicare contract. Enrollment in Univera Healthcare depends on contract renewal. Submit a complaint about your Medicare plan at or learn about filing a complaint by contacting the Medicare Ombudsman. Y0028_9776_C.

This page last updated 10-01-2023.


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