Medicare Part A (Hospital Insurance). This coverage helps pays for hospital services (e.g., inpatient hospitalizations, surgeries and similar care).
Medicare Part B (Medical Insurance). This coverage helps pay for preventive services, lab services, X-rays, vaccinations and other outpatient expenses.
Medicare Part C (Medicare Advantage). This coverage offers the benefits of Part A and Part B (with limited exceptions). Additionally, it provides expanded benefits such as dental, hearing and vision care. It may also offer prescription drug coverage, making it unnecessary to purchase Medicare Part D.
Medicare Part D (Medicare Prescription Drug Benefits). Original Medicare (Part A and Part B) participants without Medicare Advantage (Part C) can purchase Medicare Part D for prescription drug coverage.
Medicare Supplemental Insurance (Medigap). This can be purchased to help pay for your share of costs not covered by Original Medicare (Part A and Part B). For example, it may provide coverage for copayments, coinsurance, deductibles, and out-of-network care costs.