Medicare At A Glance
There are many choices when it comes to picking a Medicare plan that works for you. See below to get a high level summary of Part A, Part B, Medicare Advantage (Part C), and Part D. You’ll see information such as what the plan covers, what it costs, and how to enroll.
Part A: Hospital Insurance | Part B: Medical Insurance | Part C: Medicare Advantage Plan | Part D: Prescription Drug Coverage | |
---|---|---|---|---|
How to Enroll | Original Medicare or any Medicare Advantage Plan | Original Medicare or any Medicare Advantage Plan | From a private company that contracts with Medicare. | Medicare drug plan or Medicare Advantage Plan with drug coverage. |
What it Covers | Inpatient care in a hospital setting or a skilled nursing facility. Nursing home care that is not custodial or long-term. Hospice care and some home health care. | Medical necessary services such as ambulance, doctor’s services, medical supplies, ect. Preventive services such as screenings for HIV, diabetes, cancer, etc. | All Part A and Part B benefits covered, and usually Part D benefits. Usually covers extra benefits such as vision dental, hearing, etc. | standard coverage includes generic and name-brand drugs. specific drug coverage varies by plan; see the plan’s “formulary.” Includes many recommended shots and vaccines. |
What it Costs | Free to most people. Those who do not qualify for free coverage can pay monthly. | A monthly premium depending on income level. | Monthly Premium varies depending on the plan you selected. Part C typically has lower out-of-pocket costs | Plans vary in cost. |
Check out the Medicare & You 2024 Handbook for more information, or Book Your Consultation Now.