Medicare can be confusing. We developed this page in order to provide foundational information about the basic parts of Medicare.
What is Medicare?
Medicare is the federal government health insurance program that provides coverage for people 65 year old or under; under 65 years old and have Social Security Disability Insurance (SSDI) for a certain duration of time, or under age 65 and have End-Stage Renal Disease.
What are the parts of Medicare?
Medicare is broken into 4 parts. Parts A, B, C, and D. Each of these parts will provide health insurance coverage in a unique way.
Part A is your Hospital Insurance that helps cover some of your health care costs.
What does Part A cover?
1. Your inpatient care in a hospital.
2. Your care in a .
Part A Benefits
The following is a breakdown of yourbenefits. It shows you what Medicare pays. You are responsible for the remaining costs unless you have a plan to cover these expenses.
Skilled Nursing Facility Care*
- Services Medicare Pays
Part B is your Medical Insurance that helps cover some of your costs.
What does Part B cover?
1. Doctor and related services.
2. Outpatient care.
3. Home health care.
5. Some health preventative services.
Part B Benefits
The following is a breakdown of yourbenefits. It shows you what Medicare pays. You are responsible for the remaining costs unless you have a Medicare Supplement plan to cover these expenses.
Clinical Laboratory Services
Parts A and B Benefits
Both Part A and Part B benefits help cover the costs of home health care – Medicare approved services.
Below is a breakdown of benefits. It shows you what Medicare pays. You are responsible for the remaining costs unless you have a Medicare Supplement plan to cover these expenses.
Home Health Care
- Medicare Approved Services Medicare Pays
- skilled care & medical supplies100%
- Durable medical equipment $0
First $198 of Medicare approved amounts
- Durable medical equipment 80%
Remainder of Medicare approved amounts
Part C is also known as(MA) or ( ).
What does Part C cover?
1. Your Part A & B coverage is now managed and run by a Medicare approved insurance company and not .
2. You are not automatically placed in a Part C (Medicare Advantage) plan. It is a choice to be made by you to join a Part C or Medicare Advantage plan.
3. Typically includes (Medicare ) as part of the plan. This is known as MAPD (Medicare Advantage with Part D).
Medicare Part D
Part D is your coverage for Medicare prescription drugs.
What does Part D cover?
1. Part D is managed and run by private insurance companies that are approved by Medicare.
2. You are not automatically placed into a . Just like Part C, it is a choice to join a Part D plan.
3. Part D plans are designed to help cover prescription drug costs.
4. The Part D plan may help protect against increasing drug costs in the future and lower your prescription drug costs.
What about Medicare Supplements?
Medicare pays roughly 80% of your Part A and Part B medical costs and you’re responsible for the remaining 20%.
plans are there to help cover that 20%. Medicare supplements have nothing to do with Part C (Medicare Advantage) or Part D.
You will want to get a Part D drug plan if you choose to purchase a Medicare Supplement to help with drug costs.
Please remember that when you become eligible for Medicare, you can opt for either a Medicare Supplement or a Medicare Advantage plan (Part C).
You are not allowed to have both.