The ABC's of Medicare

Learning the ABC's & D's of Medicare may feel like you're learning a new, strange language. We believe that the best way to get the most out of Medicare is by starting with a good foundation of how all the parts work together to ensure that you're getting the services and care that you need at costs you can afford. Let us be your guide; whether it's an in-office appointment, a virtual meeting or a phone call, we're here to serve you.

Medicare is not one-size-fits-all. The plan that works for a family member, friend or neighbor may not be the right fit for you. Medicare Resource Center agents can help you understand all your plan choices so that you find a health plan that fits your budget and your lifestyle.

1. 1Part AHospital insurance. Helps with your in-patient hospital costs.Start lesson
2. 2Part BMedical insurance that helps pay for doctors and outpatient care.Start lesson
3. 3Part CMedicare Advantage combines Parts A and B, and often includes prescription drug coverage.Start lesson
4. 4Part DInsurance for your prescription drug needs.Start lesson
5. 5MedigapMedicare Supplement plans help fill in the cost gaps left by Original Medicare.Start lesson

• Medicare Part C is also called Medicare Advantage.
• Private insurance companies contract with Medicare to offer Medicare Part C plans. These plans must cover everything that Original Medicare (Part A and Part B) cover and may cover extra benefits as well.
• Advantage plans come in a variety of types; HMO, PPO and Private Fee For Service are some common types. The plans available to you will depend on where you live.
• Advantage plans vary in cost and coverage and are subject to change annually.
• Your co-insurance and co-pay amounts will vary depending on your plan and specific factors, but most plans do have co-pays and co-insurance costs. The Colorado Springs Medicare Resource Center can help shine a light on all these details and help you navigate the trickier elements.