Site icon Guided Solutions

So, what’s covered? Basics of Medicare Part C

If you’re thinking about signing up for Medicare, navigating how it works might feel confusing. A good place to start is familiarizing yourself with the ABCs of Medicare. Below, we’ll cover the basics of Medicare Part C.

What is Medicare Part C?

Medicare Part C, also known as Medicare Advantage, is a comprehensive health insurance plan offered by private insurance companies approved by Medicare. This alternative to Original Medicare bundles together Medicare Part A (hospital insurance) and Medicare Part B (medical insurance), providing you with a one-stop shop for your healthcare needs. Many include Medicare Part D (prescription drug coverage). 

At a minimum, all Medicare Advantage plans must offer the same level of coverage as Original Medicare. Medicare Advantage plans may also cover additional benefits not included in Original Medicare, such as vision, dental, and prescriptions. When signing up for a Medicare Advantage plan, you will need to continue to pay your monthly Part B premium.

If you enroll in a Medicare Advantage plan, you must use the plan’s network of providers to get care. Be sure to assess the quality and size of a plan’s network and see if your current providers will be in-network. You will be responsible for the charges if you get out-of-network care.

What does Medicare Part C cover?

At a minimum, all Medicare Advantage plans must offer the same level of coverage as Original Medicare. Medicare Advantage plans may also cover additional benefits not included in Original Medicare, such as vision, dental, and prescriptions. Here’s what Medicare Part C – aka Medicare Advantage — will typically include:

Hospital Services (Part A)

Medicare Part C includes coverage for various hospital services under Part A, such as:

Medical Services (Part B)

Under Part B, Medicare Part C extends coverage to various medical services, including:

Prescription Drug Coverage (Part D)

Many Medicare Advantage plans include Part D, which provides coverage for prescription drugs. This is a crucial addition, ensuring that you have access to necessary medications without incurring additional costs. 

Additional Benefits

Some Medicare Part C plans offer extra benefits to enhance your overall well-being. You’ll want to check if your plan covers the following:

What Medicare Part C doesn’t cover

Understanding the limitations of Medicare Part C is essential. Here are some areas where coverage is typically lacking:

How to enroll in Medicare Part C / Medicare Advantage

Before enrolling, ensure you meet the eligibility criteria. To join a Medicare Advantage Plan, you must: 

You can only join, switch, or drop a Medicare Advantage Plan during these enrollment periods: 

Open Enrollment Period 

Between October 15 and December 7 each year, anyone with Medicare can join, switch, or drop a Medicare Advantage Plan. Your coverage will begin on January 1 (as long as the plan gets your request by December 7). 

Medicare Advantage Open Enrollment Period 

During the Medicare Advantage Open Enrollment Period, which occurs annually from January 1 to March 31, you have the opportunity to make the following changes:

However, within the Medicare Advantage Open Enrollment Period, if you are currently on Original Medicare, you are not allowed to:

Two Important Reminders! 

Still have questions?

Picking the right Medicare Advantage plan can be a big deal. If you’ve got questions or need help, don’t hesitate to reach out to the experts at Guided Solutions. We are here to give you the info and support you need when it comes to all things Medicare.

Exit mobile version