Traditional Medicare consists of which parts?

Traditional Medicare is composed of two primary parts: Part A and Part B.

Part A covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health care. Generally, this is considered hospital insurance, and many individuals qualify for premium-free Part A based on their work history or that of their spouse.

Part B, on the other hand, is focused on outpatient care and includes physician services, preventative services, and various medical supplies. This is referred to as medical insurance and typically requires a monthly premium.

Together, Parts A and B provide a comprehensive level of coverage for individuals enrolled in traditional Medicare, helping with both hospital and outpatient treatment costs. Understanding this distinction is crucial for accurately navigating the options available within the Medicare program.