Aging Energized Articles

As you approach the magic age of 65, you are probably starting to think about becoming eligible for Medicare. And you most likely have lots of questions. Is it free? Or does it cost me money? What does it cover?

Probably the best place to start is in understanding Medicare’s “parts.”  Medicare has conveniently segmented the various coverage options into four different parts: Part A, Part B, Part C, Part D, and Medigap. Let’s take a quick look at each part.

Medicare Part A, Hospital Insurance

Medicare Part A is your hospital insurance. Think of it as your room and board during hospital stays, including meals. It covers the cost of a semi-private room, home health care, and the cost of skilled nursing facility stays. It also covers blood transfusions requiring more than three pints of blood.

Medicare Part A is free for most people, as long as they have worked at least 10 years in the U.S.

Medicare Part B, Medical Insurance or Outpatient Insurance

Medicare...