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Medicare Part A Medicare Part A

Medicare Part A

Insurance

Medicare Part A (Hospital insurance) covers inpatient hospital care, critical access care, hospice and some home health care. Medicare typically does not pay for assisted living facilities, nursing homes or long-term care at home. Part A is free to most Medicare beneficiaries if the beneficiary or their spouse paid Medicare taxes while they were working. If an individual is not eligible to receive Part A free-of-charge then the individual may be eligible to sign up for Part A coverage with a premium.

Medicare Part B Medicare Part B

Medicare Part B

Medical Insurance

Medicare Part B (Medical Insurance) covers visits to the doctor, outpatient care, some preventative services, as well as some occupational and physical therapy. Most people pay a monthly Part B premium, and some may pay a higher premium based on income. It is important to remember that Medicare Part B does not cover 100 percent of services and beneficiaries will be responsible for the balance of expenses not paid for by Medicare.

Medicare Part C Medicare Part C

Medicare Part C

Medicare Advantage Plans

Medicare Advantage Plans (Part C) are offered by private insurance companies approved by Medicare. These plans provide all Part A (Hospital Insurance) and Part B (Medical Insurance) benefits and may also include prescription drug coverage (Part D). Medicare Advantage Plans may be available as Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), Private Fee-for-Service (PFFS) plans, and other plan types.

Medicare Supplemental Insurance Medicare Supplemental Insurance

Medicare Part D

Prescription Drug Coverage

Prescription Drug Coverage is offered through insurance companies that contract with Original Medicare. A monthly premium Prescription Drug Coverage may help give you access to the necessary medication that you might need.

Medicare Part D Medicare Part D

Medigap

Supplement Insurance

Medigap (Medicare Supplement Insurance) is sold by private insurance companies and helps pay some of the out-of-pocket costs not covered by Original Medicare (Parts A and B), such as copayments, coinsurance, and deductibles. Medigap policies are designed to help cover certain gaps in Original Medicare coverage.

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