Medicare Basics

Medicare is a federal health insurance program in the United States primarily designed for individuals aged 65 and older. Still, it can also cover certain individuals under 65 with disabilities or specific medical conditions. The program consists of different parts:

1. Part A: Hospital Insurance – Covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health care.

2. Part B: Medical Insurance – Covers outpatient care, doctor visits, preventive services, and some home health care.

3. Part C: Medicare Advantage – Offers an alternative to Original Medicare by providing coverage through private insurance companies, often including Parts A, B, and sometimes D (prescription drugs) as a comprehensive package.

4. Part D: Prescription Drug Coverage – Helps pay for prescription medications through private insurance plans.

Enrolling during your Initial Enrollment Period (usually around your 65th birthday) is essential to avoid potential penalties. While Medicare covers a wide range of medical services, it might not cover all costs, and additional private plans can fill these gaps. Understanding the different parts and options available and evaluating your personal healthcare needs will help you make informed decisions about your Medicare coverage.