Save Big Today Medicare Covers Major Medical Costs

Medicare is divided into several parts, each covering different services:

- **Medicare Part A**: This part covers hospital insurance, including inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care. Most beneficiaries do not pay a premium for Part A if they or their spouse paid Medicare taxes while working¹.

- **Medicare Part B**: This covers medical insurance, including certain doctors' services, outpatient care, medical supplies, and preventive services. Part B requires a monthly premium, which varies based on income².

- **Medicare Part C (Medicare Advantage)**: These are private plans approved by Medicare that offer an alternative to Original Medicare. They often include additional benefits like vision, hearing, and dental coverage. Medicare Advantage plans can provide an all-in-one solution with potentially lower out-of-pocket costs³.

- **Medicare Part D**: This part covers prescription drugs and helps protect against higher costs in the future. Part D plans are offered by insurance companies and other private companies approved by Medicare⁴.