What is Medicare Part A?
Medicare Part A pays for 80% of expenses from hospital visits. (including inpatient nursing care and supplies). It also covers hospice care and home health services.
Medicare Part A coverage is free for most Medicare enrollees.
What is Medicare Part B?
Medicare Part B covers doctor services and supplies (not in the hospital), outpatient care, and preventative services. This includes lab tests, surgeries, checkups, and so on. As with Medicare part A, this covers 80%.
Medicare part B is not free. It comes with a monthly premium that is typically deducted from social security benefits.
What is Medicare Part C?
Medicare Part C is also known as Medicare Advantage. Through private insurance companies, you can receive a number of supplemental advantages and service along with basic Medicare Part A and B coverages.
Oftentimes a medicare advantage plan can help you reduce costs from Medicare while increasing the benefits you receive.
What is Medicare Part D?
Medicare Part D plan covers the costs of prescription drugs.
This part is included in most Medicare Part C plans, but if you have Original Medicare, you might not have Medicare Part D. It's worth making sure that you receive the benefits of this program.
Each Part D plan has a list of covered drugs, known as drug formularies, often organized into “tiers” by cost. No Part D plan covers all drugs, so it’s important to make sure the medications you need are covered by the plan you select.
Get a Medicare Quote