Understanding Medicare Basics
Learn about the components of Medicare and how they coordinate to provide healthcare coverage.
Components of Original Medicare
Medicare is divided into "parts" that cover different types of medical services:
Medicare Part A
Covers inpatient hospital care, skilled nursing facility care, home health care, and hospice care. Most beneficiaries qualify for premium-free Part A coverage if they or their spouse paid Medicare taxes while working.
Medicare Part B
Covers medically necessary services from healthcare providers, including doctor visits and preventive services designed to detect or prevent illness when treatment is most effective.
Original Medicare (Parts A and B) does not cover 100% of your medical expenses.
Original Medicare may result in significant out-of-pocket costs. Medicare Advantage, Medicare Supplement, or Prescription Drug Plans may help reduce these expenses.
Learn more about Medicare enrollment periods here.
Medicare Advantage Plan Benefits
Dental Coverage
Many Medicare Advantage plans include dental benefits for routine care and procedures.
Vision & Hearing
Coverage for eye exams, glasses, hearing tests, and hearing aids may be available.
Fitness Programs
Some plans include gym memberships and fitness programs designed for seniors.
Prescription Coverage
Most Medicare Advantage plans include prescription drug coverage (Part D).
Medicare Annual Enrollment Period
October 15 - December 7
The Annual Enrollment Period is an opportunity to review Medicare coverage for the upcoming year. Licensed insurance agents can provide information about Medicare Advantage plan options and coverage comparisons.