Medicare Insurance Solutions
What is Medicare?
Medicare is health insurance for people age 65 or older, under age 65 with certain disabilities and people of any age with end-stage renal disease. Below, we will explain the four parts of Medicare — Part A, Part B, Part C and Part D.
It’s important that you understand the different components of Medicare and carefully weigh your choices. Why? Because your decision will impact many things, from what you pay and which benefits are available to you, to which doctors you can see and the quality of care
you receive.
The Four Parts of Medicare:
Part A: Hospital Insurance
Part B: Medical Insurance
Part C: Medicare Advantage (Sold by private insurance companies)
Part D: Medicare Prescription Drug Plans (Sold by private insurance companies)
You have Several Options, Depending on Where you Live:
- Elect Original Medicare.
- Elect Original Medicare and add drug coverage with a Medicare Part D prescription drug plan.
- Substitute a private Medicare Advantage plan for Original Medicare.
- Substitute a private Medicare Advantage plan that also includes Medicare Part D prescription drug Coverage in place of Original Medicare (resulting in an "MA-PD" plan).
- Elect Original Medicare, add a Medicare Supplement insurance plan to pay for any gaps in coverage and add drug coverage with a Medicare Part D prescription drug plan.