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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 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. These plans often include Part A, Part B, and sometimes Part D, along with additional benefits.

Part D – Prescription Drug Plans

Provides coverage for prescription medications. Offered by private insurance companies, Part D helps lower the cost of most prescription drugs and may protect against higher costs in the future.

Medigap – Medicare Supplement Insurance

A supplemental policy sold by private companies to help pay out-of-pocket costs not covered by Original Medicare, such as copayments, coinsurance, and deductibles.