Having health coverage that meets your unique needs can give you peace of mind. Because Medicare Hospital Insurance (Part A) and Medical Insurance (Part B) don’t cover everything, you have options to consider:
Add a Medicare prescription drug plan (Part D): If you take regular prescriptions, you may want to consider adding a prescription drug plan. All Part D plans must give at least a standard level of coverage set by Medicare. Plans can vary the list of prescription drugs they cover (called a formulary) and how they place drugs into different "tiers" on their formularies.
- Add a Medicare Supplement Insurance (Medigap) policy: A Medigap policy helps pay some of the out-of-pocket costs that Part A and Part B don’t cover. Some Medigap policies offer additional coverage, like for health care you get outside the U.S.
- Get a Medicare Advantage Plan: A Medicare Advantage Plan is an all-in-one alternative. These "bundled" plans include Part A, Part B, and usually Part D. Most plans offer extra benefits— like vision, hearing, dental, and more.
With the new Medicare Plan Finder, you can compare the benefits of each coverage option and shop for plans.