MEDICARE INSURANCE PLANS

Provides coverage for hospitalization, skilled nursing facility care, hospice care, and some home health care services. Most people qualify for Part A without having to pay a premium if they have worked and paid Medicare taxes for at least 10 years.

Offers coverage for necessary medical services such as doctor visits, preventive services, mental health care, ambulance services, and durable medical equipment. Medicare beneficiaries must pay a monthly premium for Part B.

Is a healthcare program managed by private insurance companies approved by Medicare. It provides all the benefits of Medicare Parts A and B, and often includes additional benefits like prescription drug coverage and preventive healthcare services. Medicare Advantage plans may have different costs and coverage rules.

Provides coverage for prescription drugs. Medicare beneficiaries can purchase a Medicare-approved prescription drug plan from private insurance companies. The costs and coverage of drugs vary depending on the plan.