Medicare

Medicare Part A is hospital insurance that helps cover inpatient care in hospitals, skilled nursing facilities, hospice care, and some home healthcare. Most people don’t have to pay a premium for Part A if they or their spouse paid Medicare taxes while working.

Medicare Part B is medical insurance that covers outpatient services, including doctor visits, preventive care, lab tests, and some medical equipment. Unlike Part A, Part B requires a monthly premium. 

Medicare Advantage (Part C) is an alternative to Original Medicare. These plans are offered by private insurance companies and often include additional benefits, like dental, vision, and hearing coverage, along with prescription drug coverage (Part D). 

Medicare Part D covers prescription drugs.

Medicare Supplement plans, also known as Medigap, help cover the "gaps" in Original Medicare (Parts A & B). These plans help pay for out-of-pocket costs like deductibles, copayments, and coinsurance, ensuring you don’t face unexpected medical expenses.