What are Different Medicare Plans?

Medicare is a health insurance plan that provides free or subsidized health care. It includes visits to doctors, optometrists, specialists, and, in some cases, other health professionals, such as dentists. Medicare covers the expense of treatment in public hospitals and subsidizes various medical services and drugs. You can choose to have only Medicare or private health insurance. Generally, four types of plans fall under Medicare: Part A, Part B, Part C, and Part D. Generally, different parts of Medicare help cover specific services. Most beneficiaries choose to get their Part A, and Part B benefits through Original Medicare, which is directly through the traditional fee-based service plan the federal government provides. Let discuss in detail about these 4 Medicare Parts.

• Medicare PART A

  Medicare Part A is the initial part that comes under Medicare Plan. It is also known as Hospital Coverage Plan or Hospital Insurance. Medicare Part A covers hospitalization, some family medical care, and professional nursing care.

• Medicare PART B

  Medicare Part B is a medical coverage plan or medical insurance that generally covers visits to doctors, outpatient services, X-rays and lab tests for medical treatments, and preventive screening. If you have a Medicare Part B plan, you won’t have to pay any expenses incurred for medical treatment or supplements. Collaboratively, Part A and Part B are known as “Original Medicare.”

• Medicare PART C

  Medicare Part C is also known as Medicare Advantage Plan. Private insurance agencies generally offer this plan through Medicare as Original Medicare. Usually, Medicare Plans include Part A and Part B coverages. But with Part C, you can add extra benefits to your insurance plan. For example, HMO, PPO, PFFS, SNPs, MSA, are all come under Medicare Part C.

• Medicare PART D

  Medicare Part D is also known as Medicare Prescription Drug Plan. Under this plan, insurance agencies provide coverage for current and future medical needs. They pay all the expenses incurred in medical consultations and treatments. Medicare Part D helps to save your money and time in respect of medical drug prescriptions.