Medicare is the national healthcare system for people over the age of 65. Medicare insurance covers most medical services (both inpatient and outpatient), durable medical equipment, and medications.
Medicare Part A - Hospitalization
Medicare Part A helps cover inpatient hospital services, skilled nursing facilities, home health and hospice care.
Medicare Part B - Outpatient Medical
Medicare Part B helps cover most routine doctor visits (including specialists), outpatient services, mental health and preventive care. It also helps cover laboratory tests, x-rays, clinical research, ambulance services and durable medical equipment.
Medicare Part C - Medicare Advantage (MA or MAPD)
Medicare Part C, also known as Medicare Advantage (MA), is an alternative way to receive Medicare benefits through private insurance companies. Medicare Advantage plans work in place of your Part A and Part B combining coverage for hospital care, doctor visits and other medical services all in one plan.
- Includes all benefits of Part A, including Hospital stay, skilled nursing, home health care and associate services
- Includes all the benefits for Part B, including doctor visits, outpatient care, screening and lab tests, and associated services
- Medicare Advantage usually includes Prescription Drug Coverage (Medicare Part D) and may include extra coverage for dental, vision and even hearing.
Medicare Part D - Prescription Drug Coverage (PDP)
Medicare Part D is private insurance to help cover the cost of prescription medications. Part D plans provide coverage for both generic and brand name medications and can be added to Medicare Part A, B or Medicare Supplement Plans