Medicare Basics
An introduction to Medicare, who may qualify, and the different parts of the program.
What is Medicare?
Medicare is the federal health insurance program for people 65 and older, as well as some younger people with certain disabilities, End-Stage Renal Disease (ESRD), or ALS.
The parts of Medicare
- Part A (Hospital Insurance): inpatient hospital stays, skilled nursing facility care, hospice, and some home health care. Most people pay no premium for Part A.
- Part B (Medical Insurance): doctor visits, outpatient care, preventive services, and durable medical equipment. Part B has a monthly premium.
- Part C (Medicare Advantage): plans offered by private insurers approved by Medicare that bundle Part A and Part B, and often Part D and extra benefits.
- Part D (Prescription Drug Coverage): helps pay for prescription medications through private plans.
Original Medicare vs. Medicare Advantage
Original Medicare (Parts A and B) is run by the federal government and lets you see any provider that accepts Medicare. Many people add a Medicare Supplement (Medigap) policy and a Part D plan. Medicare Advantage plans combine coverage into one plan, usually with a provider network and an annual out-of-pocket maximum.
Getting started
Most people first become eligible around their 65th birthday. A licensed Regal agent can walk you through your options at no cost so you can choose the coverage that fits your doctors, prescriptions, and budget.
Still have questions?
Book a free review with a licensed Regal agent — no cost, no obligation.
Book a Free Medicare Reviewor call 833-840-5683 (TTY: 711)
This article is for general educational purposes and is not a substitute for advice about your specific situation.