What Are The 4 Types of Medicare?

If you are just entering the world of Medicare, you need to know where to start. First, you need to understand what the four types of Medicare are. Once you understand each type, you’ll be able to decide which is the best coverage for you.

The first type is called Medicare Part A. This typically covers inpatient hospital care, hospice, skilled nursing, home health and more.

The second type is called Medicare Part B. This typically covers doctor’s visits, outpatient services, home health, laboratory services, medical equipment, ER visits, preventative services and more.

The third type is called Medicare Part C. Is like a typical health plan where you have a network of doctors you can see. This option often has lower copays and deductibles; and may even include prescription drug coverage.

The fourth type is called Medicare Part D. This plan covers prescription drug costs and is offered by private insurance companies.

The great thing about the four types is that you can choose one or several at a time. There are also options with Part C that will cover prescription drug costs. You become eligible to sign up for Part A and Part B three months before you turn 65. This helps you put together a timeline of when you can begin your research to decide which plan or plans are best for you.

You may have a lot of questions if you are just starting out. So, to find out more about Medicare and it’s many advantages, call Advanced Insurance Concepts today and Jim Rooney will work with you to find the answer. Jim has many options, and has years of experience putting people in a plan that works best for them. Advanced Insurance Concepts works with a variety of insurance companies and all Medicare Advantage providers in Missouri and Kansas. He is licensed to sell Health, Life and Accident Insurance, so call Jim Rooney for all your insurance needs.