What Are Medicare Plan Parts?

Demystifying Medicare Plan Components

Medicare, the federal health insurance program for individuals aged 65 and above or those with certain disabilities, has various coverage options crucial to safeguarding your healthcare and financial status. Let’s explore the different components of a Medicare plan.

Part A: Hospital Insurance

Think of Part A as insurance for hospital stays. This component typically covers inpatient hospital care, skilled nursing facilities, hospice, and some types of home healthcare. It serves as a standard in all government Medicare plans.

Part B: Medical Insurance

Part B covers non-hospital medical services. This includes doctor visits, outpatient care, medical equipment, and preventative services like screenings and wellness checkups. Like Part A, Part B is standard across all government Medicare plans.

Part C: Medicare Advantage

Medicare Advantage plans offer an alternative to traditional Medicare. Private insurance companies manage these plans and provide at least the same level of coverage as Parts A and B, often with additional benefits like vision, dental, and prescription drug coverage. Numerous residents in Bethlehem, NH find Medicare Advantage more beneficial than the standard Part A and Part B plans. Consult with us at The Washwick Agency to verify what Part C might offer you.

Part D: Prescription Drug Coverage

This optional component helps cover prescription drug costs. You can add Part D to Original Medicare (Parts A and B) or incorporate it into a Medicare Advantage plan.

Select the Right Plan for You with The Washwick Agency

Finding the perfect mix of components for your Medicare plan is key to acquiring the best coverage for you. If you’re in Bethlehem, NH, let The Washwick Agency guide you in selecting the options that will provide the coverage you need.