What Medicare options are available?
“Medicare has three main parts,” Truong explains. “Part A covers hospital insurance, Part B covers medical insurance and Part D provides drug coverage.” Original Medicare includes Parts A and B. You will need to enroll in a
separate Part D plan for drug coverage. Unlike other types of health insurance, Medicare doesn’t offer plans for couples or families. You, your spouse and any dependents can enroll in separate plans.
For those who’d like more coverage, a Medicare Advantage plan (Part C) could be ideal. “A Medicare Advantage plan combines Parts A and B, and often, Part D, coverage into one plan. It can offer extra benefits, such as dental, hearing and
vision,” adds Truong.
Medicare supplements, also known as Medigap, are available too. Medigap plans help to cover the costs that aren’t included in Original Medicare. And while these plans may have high monthly premiums and do not cover Part D prescription drugs,
you can be seen by any doctor, nationwide, who accepts Medicare.