Medicare benefits are the same for everyone. Inpatient hospital insurance has Medicare Part A. Part B covers outpatient medical insurance.Medicare beneficiaries can expect a Part B monthly premium. There are copayments, coinsurances, and deductibles that apply when health care services take place.While Medicare doesn’t cover prescription drugs, Part D will cover medications your child’s provider prescribes for them to take at home. Private insurance companies provide part D plans. You need to enroll in one of these plans as soon as possible to avoid late enrollment penalties.