Understanding Medicare

Medicare is health insurance for people age 65 or older, under 65 with certain disabilities, and any age with End-Stage Renal Disease (ESRD). ESRD is permanent kidney failure requiring dialysis or a kidney transplant. The different parts of Medicare help cover specific services if you meet certain conditions. Visit the Medicare resources page of the EducateU website for more information.

The Different Parts of Medicare

Medicare has the following parts:

Medicare Part A (Hospital Insurance)

  • Helps cover inpatient care in hospitals (includes critical access hospitals, inpatient rehabilitation facilities, and long-term care hospitals).
  • Helps cover skilled nursing facility (not custodial or long-term care), hospice, and home health care services.

Click here for more information on PART A

Medicare Part B (Medical Insurance)

  • Helps cover doctor services and outpatient care.
  • Helps cover some preventive services to help maintain a person’s health and to keep certain illnesses from getting worse.
  • Generally pays 80% of the Medicare-approved amount for covered services

Click here for more information on PART B

Medicare Part C (Medicare Advantage)

  • A way to get Medicare benefits through private companies approved by and under contract with Medicare.
  • Includes Part A, Part B, and usually other benefits Medicare doesn’t cover. Most plans also provide prescription drug coverage.

Click here for more information on PART C

Medicare Part D (Prescription Drugs)

  • Run by private companies approved by Medicare, which can either be Medicare Advantage Plans or separate Medicare Prescription Drug Plans.
  • Helps cover the cost of prescription drugs.
  • Each plan can vary in cost and drugs covered.

Click here for more information on PART D