Let Us Do the Medicare Research For You!

 
Part A – Hospitalization Insurance: Benefits include: hospitalization; limited skilled nursing facility care; home health care; hospice care and blood. 

Part B – Medical Insurance: Used together with Part A, this is known as original, or traditional, Medicare. Benefits include: medically-necessary doctors’ services; outpatient medical; hospital and surgical services; clinical laboratory services; home healthcare; blood and various preventive services such as flu shots and mammograms. 

 Part C – Medicare Advantage: Part C offers an alternative to Parts A and B. These plans are offered by private insurance companies that contract with Medicare to provide all Medicare Part A and Part B benefits. At a minimum, these plans cover all Medicare Part A and B services. In most cases, there are extra benefits and lower co-payments than in the original Medicare plan. In addition, most Medicare Advantage Plans offer prescription drug coverage. 

 Part D – Prescription Drug Coverage: Coverage includes both brand-name and generic prescription drugs. Part D plans are run by private companies that are approved by Medicare. Part D coverage is optional and available to those enrolled in traditional Medicare (Parts A and B) or in Medicare Advantage plans that do not offer prescription drug coverage. 

Medigap Supplements for Parts A and B: Also known as Medicare Supplement insurance, these policies are sold by private insurance companies that fill the “gaps” in traditional Medicare coverage. An example of a gap would be the 20 percent co-payment due on a Medicare Part B claim for a visit to the doctor. Medigap coverage is only available to those enrolling in traditional Medicare, Parts A and B.