Discover the Different Parts of Medicare and What They Cover
Part A – Hospital Insurance
Helps cover inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care. It’s generally premium-free if you or your spouse paid Medicare taxes for a sufficient amount of time while working.
Part B – Medical Insurance
Covers certain doctors’ services, outpatient care, medical supplies, and preventive services. Part B typically requires a monthly premium.
Part C – Medicare Advantage Plans
An all-in-one alternative to Original Medicare offered by private insurance companies approved by Medicare. These plans include Part A, Part B coverage, and sometimes Part D, along with additional benefits not covered by Original Medicare.
Part D – Prescription Drug Plans
Provides coverage for prescription medications. Offered by private insurance companies approved by Medicare, Part D helps pay for covered prescription drugs and may help protect against higher prescription drug costs in the future.
Medigap – Medicare Supplement Insurance
A supplemental insurance policy sold by private companies to help pay some out-of-pocket costs not covered by Original Medicare, such as copayments, coinsurance, and deductibles.