How Medicare Works
Before you decide which Medicare insurance plan is best for you, you’ll need to have a foundational understanding of how Original Medicare works. In these articles, you will learn about the parts of Medicare and how they relate to Medicare Insurance plans.
Learn about the four parts of Medicare:
The four parts of medicare
A
HOSPITAL COVERAGE
(MEDICARE PART A)
Medicare Part A covers hospital care, skilled nursing facility care, hospice, and home health care.
B
MEDICAL COVERAGE
(MEDICARE PART B)
Medicare Part B covers doctors visits, mental health care, outpatient surgery, lab tests, and Medical equipment.
C
HOSPITAL COVERAGE
(MEDICARE PART C)
Part C usually offers A, B, and D in one plan and is offered by private insurance companies. Part C is also known as Medicare Advantage.
D
PRESCRIPTION DRUG COVERAGE
(MEDICARE PART D)
Medicare Part D covers prescription drugs and is only offered by insurance companies. You are required to get Part D or face future penalties.