Medicare is a national program administered by the Federal government, comprising:
- Part A – Hospital Insurance Inpatient hospital, inpatient skilled nursing facility, hospice, and some home health services
- Part B – Medical Insurance Physician services, outpatient care, durable medical equipment, home health services, and many preventive services
- Part C – Medicare Advantage (MA) Medicare-approved private insurance companies that provide all Part A and Part B services and may provide prescription drug coverage and other supplemental benefits.
- Part D – Prescription Drug Benefit Medicare-approved private insurance companies that provide outpatient prescription drug coverage.