A
Part A — Hospital
Helps with the cost of inpatient hospital stays, skilled nursing services following a hospital stay, hospice, respite care and some home health services.
Senior's healthcare insurance coverage planning
Life is easy with a secure tomorrow.
Medicare is an essential part of every senior's health planning. With all the choices you have, it's important to understand how each one might affect your lifestyle.
Know your options
Medicare coverage
Medicare is an essential part of every senior's health planning, and with all the choices you have for your healthcare coverage needs, it's important to understand how each one might affect your lifestyle. Medicare was never intended to provide for all your healthcare needs — it's important you know your options.
What is Medicare?
B
Part B — Medical
Helps with the cost of medically necessary services like doctor services, outpatient care and other medical services Part A doesn't cover.
C
Medicare Advantage — Part C
Medicare Advantage offers more benefits than Original Medicare, in some areas for a $0 premium*. Medicare-approved but offered by private insurers, these plans combine hospital costs, doctor visits, outpatient care and often Part D prescription drug benefits into one plan. Some plans may also offer vision, dental, hearing and wellness programs.
Things to consider:
- These plans often require copays.
- Doctors and hospitals are usually part of a network.
- You may need a referral to see a specialist.
D
Prescription Drug — Part D
Part D is a kind of cost sharing (coinsurance) where costs are split on a percentage basis — for example, Medicare Part B pays about 80% and you pick up the rest. A copay is a kind of cost sharing where you pay a pre-set, fixed amount for each service.
Gap coverage
Medicare Supplement (Medigap)
Medicare Supplement insurance, often called gap coverage, helps reduce out-of-pocket costs that Medicare does not pay, filling the void between Medicare Part A and Part B. Original Medicare covers many health care services and supplies, but there are many costs it doesn't cover — Medicare Supplement insurance is offered by private insurance companies.
To be eligible for a Medicare Supplement plan, you must be enrolled in Medicare Parts A and B and either be 65 or older, or have a disability. Call or complete a short form and a Medicare advisor will help you choose a plan for your lifestyle and needs.