Medicare is a health insurance program for:
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Medicare has four parts:
Medicare Part A: Hospital Insurance
Helps pay for inpatient care in a hospital or skilled nursing facility (following a hospital stay), some home health care and hospice care. Most people don't have to pay a plan premium for Part A.
Medicare Part B: Medical Insurance
Medicare Part B may help pay for a portion of certain services, equipment, and supplies for qualified beneficiaries. These supplies are often called Durable Medical Equipment (DME). Most Beneficiaries pay a monthly premium for Medicare Part B.
Medicare Part C: Medicare Advantage
Provided by health insurance companies as a replacement of Part A and Part B. People with Medicare Parts A and B can choose to receive all of their health care services through one of these health plans instead of through Original Medicare. Part C plans are available in many but not all areas. Most people pay a monthly plan premium for Part C. This payment is in addition to the monthly premium paid for Part B.
Medicare Part D: Prescription Drug Coverage
Provided by private companies to help pay for outpatient prescriptions, which are not covered by Original Medicare. Part D is available to everyone with Medicare. Most people pay a monthly plan premium for Part D. Certain low-income Medicare beneficiaries, however, may not have to pay a monthly plan premium. This payment is in addition to the monthly premium paid for Part B.
Get more detailed information at Medicare.gov.
Most of the information in this resource center was obtained from government agency websites and publications, including medicare.gov. All content is provided for informational purposes only and is subject to change without notice. Although we believe that the source of this information is reliable, we do not warrant or guarantee its accuracy, completeness or timeliness.
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Did you know that the Centers for Medicare and Medicaid Services offers the following services for qualified beneficiaries?