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What are the different parts of Medicare?

There are 4 Parts of Medicare. 

  • Part A: Hospital coverage (inpatient care, skilled nursing, hospice).

  • Part B: Outpatient coverage (doctor visits, preventive care, outpatient services).

  • Part C: Medicare Advantage Plans (private insurance that replace Original Medicare).

  • Part D: Standalone Prescription drug coverage.

Medicare Supplement plans, also known as Medigap, are federally standardized plans that work in addition to Medicare Part A and Medicare Part B, providing the most optimal healthcare coverage.