Mary Ulrich Law

Medicare Definitions

Medicare is the primary insurance of most senior citizens in the United States. There are no financial requirements or limitations associated with Medicare. Medicare is broken down into Par ts A, B, C and D.

Medicare Part A: Primarily covers inpatient hospital services. However, in limited circumstances it also covers certain skilled home health services, some hospice care, and certain skilled care and rehabilitative care in a skilled nursing facility subject to a deductible.

Medicare Part B: Primarily covers physician services and related testing and medical equipment.

Medicare Part C: Medicare Advantage Programs, including, HMOs and other coordinated care plans, serves as an alternative to traditional Part A and Part B plans.

Medicare Part D: Prescription drug coverage.

Medigap Insurance: private insurance policies that cover the portion of medical bills including deductibles not covered by Medicare.