Medicare is a federal health insurance program in the United States that provides coverage for eligible individuals who are 65 years old or older, as well as certain younger individuals with disabilities. Medicare is divided into different parts, including Part A and Part B.
Medicare Part A is often referred to as hospital insurance. It covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health care services. Most people do not have to pay a premium for Part A if they or their spouse paid Medicare taxes while working.
Medicare Part B is medical insurance that covers medically necessary services and preventive services. This includes doctor visits, outpatient care, medical supplies, and preventive services like screenings and vaccinations. Part B requires a monthly premium, which is typically deducted from the individual's Social Security benefits.
It's important to note that Medicare Part A and Part B do not cover all healthcare costs. There may be deductibles, copayments, and coinsurance that the individual is responsible for. Additionally, Medicare Part A and Part B do not cover prescription drugs, which are covered under Medicare Part D or a Medicare Advantage plan that includes prescription drug coverage.
For more detailed information about Medicare Part A and Part B, you can visit the official Medicare website or speak with a licensed insurance agent specializing in Medicare plans. They can provide personalized guidance based on your specific situation and needs.
I hope this helps clarify the difference between Medicare Part A and Part B! Let me know if you have any other questions.