Medicare drug coverage is an optional part of Medicare.ĭoes My Provider Accept Medicare or Medicare Advantage?.To add Medicare Drug Coverage to your plan, you must join a Medicare-approved plan that offers Part D. Part D helps cover the costs of prescription drugs you may need for your care.Medicare Advantage is different from an Original Medicare plan therefore, it is important to know the differences to ensure you find the right plan for you.

In many cases, a Medicare Advantage plan may have lower out-of-pocket costs and may include extra benefits such as vision, dental, and hearing coverage. Medicare Advantage works similarly to a Managed Care Organization (MCO) in that in most cases you’ll have to use the physicians who are in the plan’s network.This type of plan is offered through a private, Medicare-approved, company. Medicare Advantage is a “bundle” plan that includes Parts A and B of Medicare, and commonly Part D, which is prescription drug coverage.Part B is optional for those who wish to enroll in an Original Medicare plan however, if you enrolled in a Medicare Advantage plan, both Parts A and B are mandatory.Part B of Medicare helps cover outpatient services, preventative care services, doctors’ visits, and medical supplies.Part A is mandatory for all Medicare enrollees.This includes hospital care, skilled nursing facility care, home health care, and hospice care. Part A of Medicare can help cover many inpatient costs that a patient might need.Parts of Medicare Part A (Hospital Insurance) It is important to know the different ways you can qualify for Medicare and what each part of Medicare covers because if you are eligible, it will help reduce the financial risk of illness and/or injury. You may also be eligible for Medicare if you are younger than 65 but have a certain disability, are in End-Stage Renal Disease (ERSD) or have ALS (Lou Gehrig's disease). One can qualify for Medicare if they are age 65 or older. Medicare is a government health insurance program.

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