We tend to think about Medicare as one big insurance plan, however, it is actually made up of four different parts that each provide certain types of coverage:
PART A | Hospital Insurance
Helps cover inpatient care in hospitals and skilled nursing facilities, hospice, and certain home health services.
PART B | Medical Insurance
Helps cover doctor and other provider services, including some drugs administered by your doctor, outpatient care, durable medical equipment, and certain home health services.
PART C | Medicare Advantage (MA)
MA is an option to get Medicare Part A and Part B benefits through private health plans. Some MA plans provide extra benefits for extra cost; most MA plans also provide prescription drug coverage under terms similar to Part D.
PART D | Prescription Drugs
Helps cover the cost of prescription drugs.
For more information on Medicare basics visit, Medicare.gov.