Medicare Basics

Know the difference between Medicare Part A and Medicare Part B


What is the difference between Medicare Part A and Medicare Part B?

When you qualify for Medicare, it’s usually Medicare Part A and Part B that you’re first enrolled in. Medicare Part A and Part B make up Original Medicare. Medicare Part A generally helps pay your costs as a hospital inpatient. Medicare Part B may help pay for doctor visits, preventive services, lab tests, medical equipment and supplies, and more.

Medicare Part A and B gives you great coverage but there are still many deductibles, copayments and coinsurance. Part A alone there is a $1500 deductible before it starts paying for your bills and it can cost you up to $742 a day until all benefits are eventually exhausted. Any long term sickness can be financially devastating. Also neither A or B gives you any prescription coverage.

To help with costs and potentially add many more benefits you can enroll in a Medicare Advantage Plan or Medicare Supplement Plan. Depending on your needs either plan can help tremendously with added costs and some plans are as low as $0 monthly premium. To get a better idea to see if you qualify talk to one of our agents and learn what plan would be best for you.

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