Medicare Parts A, B, C & D Explained: What Each Part Covers

Medicare is divided into parts — each covering a different type of care. Most people end up needing more than one part working together, which is exactly where the confusion usually starts. Here's what each part actually covers, what it costs, and how they fit together.

Key Takeaways

  • Part A covers hospital care and is premium-free for most people who worked 40+ quarters.
  • Part B covers doctor visits and outpatient care — standard premium is $202.90/month in 2026.
  • Part C (Medicare Advantage) is a private alternative that bundles A, B, and usually D.
  • Part D covers prescription drugs and carries a permanent late enrollment penalty if delayed.
  • Original Medicare (A+B) and Medicare Advantage (C) are two different paths — not combined.

Part A: Hospital Insurance

Part A covers inpatient hospital stays, care in a skilled nursing facility (for a limited time after a qualifying hospital stay), hospice care, and some home health care. It does not cover long-term custodial care — see our guide on what Medicare doesn't cover for more on that gap.

Most people pay $0 premium for Part A if they or their spouse worked and paid Medicare taxes for at least 40 quarters (10 years). The Part A deductible is $1,676 per benefit period in 2026 — not per year, but per benefit period, which starts when you're admitted and ends after 60 consecutive days without inpatient care.

Part B: Medical Insurance

Part B covers doctor visits, outpatient care, preventive services (like annual wellness visits and many screenings), and durable medical equipment such as wheelchairs and walkers.

The standard Part B premium is $202.90/month in 2026, with an annual deductible of $283. After you meet the deductible, you typically pay 20% of the Medicare-approved amount for most services — Original Medicare has no annual out-of-pocket maximum, which is one reason many people add a Medigap plan or switch to Medicare Advantage. Higher earners may pay more than the standard premium — see our guide on Medicare costs and IRMAA for the full breakdown.

Part C: Medicare Advantage

Medicare Advantage is a private insurance alternative to Original Medicare. Instead of Medicare paying providers directly, Medicare pays a private insurance company to administer your coverage. Part C plans bundle Part A and Part B together, usually include Part D drug coverage, and often add extra benefits like dental, vision, and hearing that Original Medicare doesn't cover. The tradeoff is that most plans require you to use a network of providers.

Feature Original Medicare (A+B) Medicare Advantage (Part C)
Provider networkAny provider accepting Medicare, nationwideUsually a defined network (HMO/PPO)
Monthly premiumPart B premium appliesVaries by plan, some as low as $0
Out-of-pocket maximumNoneRequired by law, varies by plan
Extra benefits (dental, vision, hearing)Not includedOften included
Prior authorizationRarely requiredOften required for certain services

For a deeper comparison between Medicare Advantage and adding a Medigap supplement to Original Medicare, see Medicare Advantage vs. Medigap: Which Is Right for You?

Part D: Prescription Drug Coverage

Part D is standalone prescription drug coverage for people on Original Medicare (Medicare Advantage plans typically build drug coverage into the plan itself). Premiums, deductibles, and which drugs are covered — the plan's "formulary" — vary significantly by plan and by drug tier.

If you go without Part D or other creditable drug coverage for 63 or more days after you're first eligible, you'll face a permanent late enrollment penalty added to your premium for as long as you have Part D coverage.

How the Parts Work Together

CombinationWhat it looks like
Part A + Part B onlyOriginal Medicare with no supplemental coverage — highest exposure to out-of-pocket costs
Part A + Part B + Part DOriginal Medicare plus standalone drug coverage, still no cap on medical out-of-pocket costs
Part A + Part B + Medigap + Part DOriginal Medicare with a supplement covering most cost-sharing, plus separate drug coverage
Part C (Medicare Advantage, usually with D built in)Private plan replacing Original Medicare, network-based, often with extra benefits
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Frequently Asked Questions

Do I need all four parts of Medicare?

No — most people need Part A and Part B (Original Medicare) as a foundation, then choose either a Medigap supplement plus a standalone Part D drug plan, or a single Medicare Advantage (Part C) plan that usually bundles drug coverage in. You generally wouldn't have Part C and a separate Medigap plan at the same time — they're two different approaches to filling Original Medicare's gaps.

Is Part B optional?

Technically yes, but declining or delaying it without other creditable coverage (like a large employer plan) triggers a permanent late enrollment penalty — 10% for each 12-month period you went without it. Once you're eligible, it's rarely worth skipping unless you have qualifying employer coverage.

Can I have Part C and Part D at the same time?

Generally no. Most Medicare Advantage (Part C) plans already include drug coverage (called MA-PD plans), and enrolling in a separate standalone Part D plan on top of one can actually disenroll you from your Medicare Advantage plan. If your Medicare Advantage plan doesn't include drug coverage, check with the plan before adding a separate Part D policy.

What happens if I don't sign up for Part D when I'm first eligible?

If you go 63 or more days without Part D or other creditable prescription drug coverage after your Initial Enrollment Period ends, you'll face a late enrollment penalty added to your premium for as long as you have Part D — and it compounds the longer you wait.

Does Medicare Part A cover long-term care?

No. Part A covers a limited stay in a skilled nursing facility after a qualifying hospital stay, but it does not cover long-term custodial care — help with daily activities like bathing and dressing. That's a common and costly gap; see our guide on what Medicare doesn't cover for how to plan around it.

Informational purposes only This content is for educational purposes only and does not constitute legal, financial, or medical advice. Medicare premiums, deductibles, and coverage rules are set annually by CMS and are subject to change. Consult a licensed Medicare advisor for guidance specific to your situation.

Price Services Group is an independent licensed insurance agency — not affiliated with or endorsed by the U.S. government, the Social Security Administration, or the federal Medicare program. NPN: 18530055. Agency NPN: 20387435.
Sources
Medicare.gov — Medicare Costs
Centers for Medicare & Medicaid Services (cms.gov)

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