Medicare Plans

Understanding your Medicare options does not have to be confusing. We explain every plan in plain English so you can choose with confidence.

The Parts of Medicare

Medicare is divided into different parts. Each part covers specific services. Here is a simple breakdown so you can see what each one does.

Hospital Insurance

Medicare Part A

Covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health care services. Most people do not pay a premium for Part A because they or their spouse paid Medicare taxes while working.

What It Covers:

  • Inpatient hospital care
  • Skilled nursing facility care
  • Hospice care
  • Home health care
Medical Insurance

Medicare Part B

Covers doctor visits, outpatient care, preventive services, medical supplies, and some home health care. Part B has a monthly premium based on your income. Most people pay the standard premium amount.

What It Covers:

  • Doctor visits and outpatient care
  • Preventive services and screenings
  • Durable medical equipment
  • Mental health services
  • Ambulance services
Medicare Advantage

Medicare Part C

An all-in-one alternative to Original Medicare offered by private insurance companies. These plans include Part A, Part B, and usually Part D prescription drug coverage. Many plans also offer extra benefits Original Medicare does not cover.

What It Covers:

  • Everything Part A and Part B cover
  • Prescription drug coverage included on most plans
  • Dental, vision, and hearing benefits often included
  • Fitness programs like SilverSneakers
  • Annual out-of-pocket maximum protection
Prescription Drug Coverage

Medicare Part D

Helps cover the cost of prescription medications. Offered by private insurance companies approved by Medicare. Each plan has a formulary listing which drugs are covered and at what cost. We help you match your medications to the right plan.

What It Covers:

  • Generic and brand-name prescription drugs
  • Vaccines not covered by Part B
  • Wide network of pharmacies
  • Mail-order options available
Medigap Plans

Medicare Supplement

Extra insurance sold by private companies to fill the gaps in Original Medicare coverage. Medigap helps pay for copayments, coinsurance, and deductibles. These plans work alongside your Original Medicare coverage.

What It Covers:

  • Copayments and coinsurance
  • Deductibles for Part A and Part B
  • Foreign travel emergency care on some plans
  • Freedom to see any Medicare-accepting doctor
  • No network restrictions

Plan Comparison at a Glance

See how Original Medicare, Medicare Advantage, Supplement, and Part D plans compare across the features that matter most.

FeatureOriginal MedicareMedicare AdvantageSupplementPart D
Doctor Visits20% coinsurance after deductibleLow copay, often $0 to $25Full coverage of coinsuranceNot applicable
Hospital Stays$1,632 deductible per benefit periodDaily copay, often $300 per dayFull coverage of deductible and coinsuranceNot applicable
Prescription DrugsNot covered without Part DUsually includedNot covered, need separate Part DVaries by plan formulary
Dental & VisionNot coveredOften includedNot coveredNot covered
Monthly PremiumPart B premium applies$0 to low monthly premiumHigher monthly premiumVaries by plan
Out-of-Pocket MaxNo annual limitYes, annual limit appliesYes, most costs coveredNot applicable

When Can You Enroll?

Timing matters. Here are the enrollment periods you need to know so you never miss a deadline.

Initial Enrollment Period

3 months before to 3 months after your 65th birthday

Your first opportunity to sign up for Medicare. This is a 7-month window. If you sign up before your birthday month, coverage starts the first day of your birthday month. Signing up later may delay your coverage.

Annual Enrollment Period

October 15 to December 7 each year

During this time, you can join, switch, or drop a Medicare Advantage or Part D plan. Changes take effect January 1 of the following year. This is the most common time people review and update their coverage.

Medicare Advantage Open Enrollment

January 1 to March 31 each year

If you are already enrolled in a Medicare Advantage plan, you can switch to another Medicare Advantage plan or go back to Original Medicare. You can only make one change during this period.

Special Enrollment Period

Triggered by qualifying life events

Available if you move out of your plan's service area, lose other health coverage, or experience certain other life changes. The length of this period depends on the qualifying event. We can help determine if you qualify.

Not Sure Which Plan Is Right for You?

Our licensed advisors will review your doctors, medications, and budget — and show you only the plans that fit. No pressure, no confusion.

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