What Does Medicare Part G Cover?
Medicare Part G (known as “Medicare Advantage”) is a voluntary private program which allows Medicare beneficiaries to choose a Medicare health plan from a list of Medicare Advantage (Part C) plans. These plans are offered by private insurance companies and are approved by the Centers for Medicare and Medicaid Services (CMS).
Medicare Advantage Plans are required to cover everything that an Original Medicare (Part A, Part B) plan covers, plus provide additional benefits. So, if you choose a Medicare Advantage Plan, you will still be able to receive all Medicare covered services, but you will also be able to receive additional benefits and services.
Additionally, with Medicare Advantage Plans, you can receive care from a network of providers across the country, but there are some plans that have restrictions in certain areas.
Medicare Part G covers a wide variety of services and helps to keep older adults healthy and out of the hospital. Part G covers services from doctors, hospitals, home health agencies, physical therapy, and more.
Medicare Part G gives beneficiaries more options for getting care. To receive services, you must select a Medicare Health Plan (Medicare Advantage) as well as a Medicare Part D prescription drug plan. Medicare Advantage plans can be offered by private insurance companies and can give you additional services and benefits, but you must enroll in both Medicare Part A and Part B to be eligible.
Medicare Advantage Plans are also required to have a network of providers in your area. If you need help selecting a plan, one of the best ways to choose a Medicare Advantage Plan is to talk to your doctor or other health provider. Then, you can compare prices and benefits with other plans and enroll in the one that works the best for you.
If you are unsure of how Medicare works, you can also check out this helpful Medicare summary: https://www.medicare.gov/getting-started/getting-started.html
Medicare Part G covers:
Hospital and other inpatient care
Hospital outpatient care
Home health care
Skilled nursing care
Cancer treatment and prevention
Diabetes and other chronic disease management
Lab tests and x-rays
Medicare Part G also covers preventive services such as flu and pneumonia vaccines, screenings, and more.
You can read more information on Medicare Part G benefits here: https://www.medicare.gov/parts-a-and-b/part-g/medicare-advantage/medicare-advantage-benefits.html
What does medicare part d cover?
Medicare Part D (known as “Medicare Prescription Drug Coverage” or “Medicare Rx”) is a voluntary private program that allows Medicare beneficiaries to get prescription drug coverage. Medicare prescription drug coverage is offered through private insurance companies.
Medicare Part D plans must provide the same minimum benefits that Original Medicare (Parts A and B) provides, but you can also choose a plan that has additional benefits.
Medicare Part D prescription drug plans must cover many prescription drugs. Medicare Part D prescription drug plans can't limit the number of prescriptions you can receive, and they can't charge you more if you get more prescriptions.
Medicare Part D is optional and is only available to people who have Medicare Part A and Part B. If you have both Parts A and B, then you can enroll in a Medicare prescription drug plan and receive coverage for many prescription drugs.
Medicare Part D can save you money because you pay a monthly premium and cannot be charged more for prescription drugs than the actual cost of the drugs.
Medicare Part D covers:
Medicare Part D covers prescription drugs such as brand-name and generic drugs, and over the counter medications.
The Medicare Part D Prescription Drug Plans are divided into four groups:
Group 1 plans cost the most, but they cover the least amount.
Group 2 plans cost less than Group 1 plans, but they cover more than Group 1 plans.
Group 3 plans are the most common plans. They cost less than Group 2 plans, but they cover more than Group 2 plans.
Group 4 plans are the most affordable plans. They cost the least amount, but they cover the most.
Medicare Part D covers both brand name and generic drugs, and the plans can't charge you more for brand name drugs.
For more information on Medicare Part D benefits, visit: https://www.medicare.gov/part-d/medicare-prescription-drug-coverage/what-medicare-part-d-covers.html
Where do I start?
If you are still researching Medicare and aren't sure what plans are best for you, check out this helpful information on Medicare.gov.
If you are ready to enroll in Medicare, start by visiting this page: https://www.medicare.gov/get-health-insurance/enroll-in-medicare.html
If you are ready to start comparing plans, visit this page: https://www.medicare.gov/find-a-plan/index.html