Medicare Parts: What are they? Answers about Parts A, B, C & D

Let’s face it: Medicare is confusing. Medicare rules are implemented and modified on a regular basis and having a clear understanding of the current landscape can help you make informed decisions regarding your healthcare. This brief article will help you understand what the parts of medicare are.

Parts A and B

You’ll sign up for Medicare through Social Security. You can sign up for Parts A and B, or Part A only.

Part A (hospital insurance)

Part A helps pay for inpatient care at:

Hospitals

Skilled nursing facilities

Hospice

It also covers some outpatient home health care.

Part A is free if you worked and paid Medicare taxes for at least 10 years. You may also be eligible because of your current or former spouse’s work.

Part B (medical insurance)

Part B helps cover:

Services from doctors and other health care providers

Outpatient care

Home health care

Durable medical equipment

Some preventive services

Most people pay a monthly premium for Part B. The exact premium depends on your income level.

Parts C and D

Private companies run Parts C and D. The federal government approves each plan. Costs and coverage types vary by provider.

Part C (Medicare Advantage)

Part C is known as Medicare Advantage. It’s an alternative to Parts A and B that bundles several coverage types, including Parts A, B, and usually D. It may also include:

Vision

Hearing

Dental insurance

You must sign up for Part A or Part B before enrolling in a Medicare Advantage plan.

Part D (prescription drug coverage)

Part D helps cover prescription drug costs.

You must sign up for Part A or Part B before enrolling in Part D.