parts of medicare

  • Hospital Insurance

    Medicare Part A is hospital insurance. It helps cover inpatient hospital care, skilled nursing facility care, hospice care, and some home health care. Most people don’t pay a premium for Part A if they or their spouse worked and paid Medicare taxes long enough.

  • Medical Insurance

    Medicare Part B is medical insurance. It covers outpatient care such as doctor visits, preventive services, lab work, durable medical equipment, and some home health care. Unlike Part A, Part B usually has a monthly premium, and costs can vary based on your income.

  • Drug Coverage

    Medicare Part D is prescription drug coverage. It helps lower the cost of prescription medications and protects against higher costs in the future. Part D plans are offered through private insurance companies approved by Medicare, and costs depend on the specific plan you choose.

Medicare choices

Before choosing a plan, it’s important to understand the difference between Medicare Supplement Insurance and Medicare Advantage. These are two very different types of coverage, but many people mistakenly think they are the same. Knowing how they differ will help you make a more informed decision about which option best fits your needs