Part a (original medicare)
Part A is Hospital care which covers inpatient services like hospital stays, skilled nursing facilities, hospice care, some home health care. It does not cover long term care or custodial care.
Most beneficiaries don’t pay a monthly premium for Part A if they or their spouse has worked at least 40 quarters and paid Medicare taxes.
Part b (original medicare)
Part B is outpatient Medical care like doctor services, physical, speech, occupational therapy, medically necessary services and preventive care services.
Most beneficiaries pay a standard monthly premium for Part B which is based on your gross income reported to the IRS.
*Late enrollment penalties may apply.
Part c (medicare advantage)
Part C known as Medicare Advantage plans are Medicare approved plans offered by private insurance companies.
These plans offer benefits covered by Part A and Part B, often Part D, and additional benefits like dental, vision or hearing.
You may owe a monthly premium to the company that provides the coverage.
Part D (Prescription drug Plans)
Part D are Prescription Drug Plans offered by private insurance companies and are available to anyone on Original Medicare. You can either get Part D coverage in a stand alone plan or coverage that is built into a Medicare Advantage plan.
Most beneficiaries pay a monthly premium for Part D.
*Late enrollment penalties may apply.
Medigap (Medicare Supplement Plans A-N)
To purchase a Medigap plan, you must be enrolled in Original Medicare Part A and Part B. These plans are offered by private insurance companies to help fill in the coverage gaps from Original Medicare Part A and Part B. It does not
have Part D coverage so a stand alone prescription drug plan may be purchased.
You will owe a monthly premium to the company that provides the coverage.
Who is eligible for Original Medicare?
Individuals age 65+
individuals under 65 years old with certain disabilities. individuals with als.
individuals with esrd end stage renal disease and have kidney failure or are receiving dialysis.
us citizen or resident alien
