Medicare Part A helps cover the costs of hospital care. It covers some services before, during, and after a stay at the hospital. Here’s a quick overview of what it covers:
• Hospital care – Covers inpatient hospital stays and some related services such as nursing care and lab tests
• Skilled nursing facility (SNF) care – Covers a portion of your stay in an SNF if you need skilled nursing or rehabilitative services
• Home health care – Covers some home health visits from approved providers
• Hospice care – Covers supportive and palliative medical services for people with terminal illnesses
Medicare Part B is designed to cover medical expenses. It covers a variety of services, including:
• Physician and nurse practitioner visits
• Outpatient care
• Home health care
• Durable medical equipment
• Mental health services
• Preventive services such as vaccinations and annual wellness visits
• Lab tests and x-rays
• Ambulance services
Medicare Part B has a monthly premium.
Medicare Part C, also known as Medicare Advantage, is an alternative to Original Medicare (Parts A and B) that provides coverage for hospital and medical services.
Medicare Advantage plans are offered by private insurance companies and typically include additional benefits such as prescription drugs, vision care, hearing aids, and dental coverage.
• These plans have cost-sharing features such as deductibles, copayments, and coinsurance.
• You can choose from a variety of plans that may cover more than Original Medicare or offer different out-of-pocket costs.
• The monthly premiums for these plans vary depending on the type of plan chosen. Some are $0 monthly premium.
• When you enroll in a Medicare Advantage plan, you still pay your Part B premium to Medicare.
Medicare Part D is a prescription drug benefit that helps cover the cost of certain medications for those enrolled in Medicare. Here's what you need to know about it:
• It helps lower out-of-pocket costs for prescription drugs through a wide network of participating pharmacies.
• You can enroll in a specific plan depending on your needs and budget.
• The annual deductible, copayment amounts, and coinsurance vary based on the plan selected.
• There are several coverage gaps that you should be aware of when considering Part D coverage.
• Medicare Part D coverage is an essential part of getting affordable healthcare for those who qualify for Medicare.
In 2025, there will be Maximum Out of Pocket that will cap drug costs at $2000 a year. Learn More here...
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Family Insurance Shoppe does not offer every plan available in your area. We offer plans from a number of insurance companies. Currently we represent 8-10 organizations which offers 97-100 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Family Insurance Shoppe represents Medicare Advantage HMO, PPO and PFFS organizations and stand-alone PDP prescription drug plans that are contracted with Medicare. Enrollment depends on the plan’s contract renewal.
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