The way Medicare plans are alphabetized – from A to D – one might be fooled into thinking that there are but a few options to consider. Unfortunately, deciding which Medicare coverage is right for you is definitely not as easy as a multiple-choice question with a single right answer.
Medicare was designed with the idea that the vast majority of Americans would eventually receive a uniform level of coverage and care once they became eligible. And recipients do receive a basic level of care, but that basic level is riddled with coverage gaps.
To figure out how you can fill those gaps, you’ll need to have a basic understanding of the plans and what each covers.
Medicare coverage options
The main coverage options include:
- Original Medicare
- Medicare Part A – hospital insurance
- Medicare Part B – outpatient coverage
- Medicare Advantage (Part C)
- Medicare Part D – prescription drug coverage
- Medigap – Medicare supplement insurance
Read more about those basic coverage options – and also how to improve or change your coverage – in the articles below: