Parts of Medicare

Medicare Is Like Alphabet Soup

Whether you’re new to Medicare, about to turn 65, or preparing to retire, you’ll need to make many important decisions regarding your health coverage.

For many people, Medicare can be overwhelming. That’s why I’m here to educate you on what Medicare is and what your coverage options are.

There is no one-size-fits-all approach with Medicare. The plan that your friend, neighbor, or relative is on may not be the right choice for you. I’ll help you identify and choose what is best for your particular situation—bringing clarity and peace of mind.

First, let’s talk about the four main parts of Medicare: A, B, C, and D. Understanding these parts and how they affect you is critical to making a smooth transition.

Part A: Hospitalization

Medicare Part A covers your inpatient hospitalizations.

Let’s say you have to go in for surgery and you’re in the hospital. In that case, your Part A will cover that. In addition, your insurance covers some home healthcare, hospice, and rehabilitation centers.

You’ve likely already paid for Part A throughout your working years (Medicare taxes).

Part B: Medically Necessary and Preventative Services

Medicare Part B is your doctor’s coverage.

It includes anything that happens on a daily basis requiring you to see your primary care physician in case you have a cold, the flu, or you twist an ankle while playing with the kids.

You’ll pay a deductible for Part B and have an 80/20 percent split cost (you pay 20%).

Together, Parts A and B make up “Original Medicare.”

There’s no cap on the cost of Original Medicare, so it’s important to know how to fill the gaps—either with a Medicare Supplement or Medicare Advantage plan.

parts of medicare preventative services

Part C: Medicare Advantage

Medicare Part C, or Medicare Advantage, is a packaged alternative to Original Medicare. For a low or no monthly premium, these private health plans give you the same benefits of Parts A and B, and may include extras.

Most Advantage plans are PPOs and HMOs, but certain folks are eligible for Special Needs Plans (SNPs), Private-fee-for-Service (PFFS), and Medicare Medical Savings Account Plans (MSAs).

Find out if a $0 premium plan is available in your area.

Part D: Prescription Drugs

If Medicare Advantage doesn’t sound appealing to you, we can look at Part D, which is original prescription drug coverage. This stand-alone coverage is often paired with a Medicare Supplement (Medigap) plan.

Prescription drug coverage is there for you for exactly what it says—your maintenance medications and any prescription meds that your doctor may need to prescribe for you along the way.

prescription drugs part 4

A Beacon for a Promising Future

My goal is to make Medicare as simple as possible. Let’s find your best coverage together. Call or email today!