Medicare is divided into four main parts:
Part A – Hospital Insurance
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Covers inpatient hospital stays, skilled nursing facility care, hospice, and some home health care.
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Most people don’t pay a premium for Part A if they paid social security taxes while working.
Part B – Medical Insurance
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Covers outpatient care, doctor services, preventive services, and some home health care.
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You pay a monthly premium for Part B.
Part C – Medicare Advantage
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This plan includes Part A and Part B, plus prescription drugs and additional benefits like vision, hearing, and dental—all in one plan.
Part D – Prescription Drug Coverage
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Helps cover the cost of prescription drugs.