The Four Parts of Medicare

Having access to affordable health care is critical for many seniors. That’s why it’s important that those approaching age 65 or already 65 or older understand the four parts of the Medicare health insurance program. 

Part A: hospital insurance helps pay for:

• Inpatient hospital care

• Hospice care

• Skilled home-health services for homebound patients

Part B: medical insurance helps pay for:

• Doctor’s services

• Outpatient hospital care

• Medical equipment and supplies

Part C: Medicare Advantage provides the option to buy government-subsidized insurance from the private sector rather than using the traditional government Medicare coverage.

Part D: prescription drug coverage is optional and comes from a private company, not directly from the government. If you have Part A, Part B, or both, you qualify for Part D. If you choose to participate, the Part D company you select will charge a monthly premium

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Kari Boxleitner
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
Bouchard-Bates-Ripsam-Boxleitner Wealth Management
Group of Wells Fargo Advisors
1073 N. Lincoln Ave.
Loveland, CO 80537
(970) 619-5528
(800) 758-1652

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