To qualify for Medicare, you must be over the age of 65 or have a qualifying disability. If you have met these basic requirements, you will then be able to enroll for basic healthcare coverage. Yet for some, the most basic parts of the plan will not be enough, in which case Medicare Supplemental Insurance will be necessary. To get started with fine-tuning your insurance to make sure that it covers your needs, it’s helpful to look at the four main parts of Medicare. Part A is known as hospital insurance, covering inpatient care during hospital stays. You can choose from options within this main part, including adding on supplemental insurance for hospice or home care.
The second part of Medicare is Medicare Part B. This is the portion which covers outpatient services, including visits to your regular healthcare provider. Although this part will cover some preventive services, it does not cover everything. This is where Part C and D come in, which are part of Medicare Supplemental Insurance. Medicare Part C provides Advantage Plans, which include managed healthcare options and things like vision or dental coverage. Part D is the portion which covers prescription drug costs. If you are unsure which of these insurance plans you are in need of, it’s helpful to compare options online or speak with an adviser for guidance.