Parts Versus Plans

Parts Versus Plans

Parts Versus Plans

What is the difference between Medicare Parts and Medicare Plans?  I get this question every day.   Imagine a person just starting to learn about Medicare and its confusion.

Medicare Expert

Now imagine trying to sign up for a Medicare plan without the knowledge of a local expert.  It is exceedingly difficult.  I have talked with many clients who attempted this once.  Consequently, they all tell me, “Never again!”


The first term in Medicare you’ll probably hear is Part A and Part B.  Above all, this is also known as Original Medicare.  These ‘parts’ cover roughly 80% of your medical costs.  For instance, you will be able to receive Part A at no cost as long as you have worked for at least 10 years in the U.S.   In addition, those who haven’t will be required to pay a monthly premium for that.  Part B comes at a monthly premium no matter what.

However, unlike part A, Part B is not required.  I have met many clients who did not sign up for Part B due to the cost.  Many have come back to me and said that was a mistake and they regret it.  We can sign them up for Part B after they are originally eligible, however, that does come with a lifetime penalty.  Part C (Medicare Advantage) is also voluntary. Part D is for prescription drugs.


Medicare Supplement is where Plans come in.  Keep in mind, they range from Plan A through Plan K.  Each plan has a slightly different benefit structure and monthly premium. For many of my clients they choose Medicare Supplement, Plan G.  This is the highest benefit plan.  Some clients signed up for Plan F before January 1st, 2020.  Plan F is no longer available.  This was a great option for many, unfortunately, it is not available for people first entering Medicare after January 1st of 2020.

In Closing

In conclusion, Parts versus Plans is a confusing topic and it takes time to be able to use them correctly.  Oftentimes, even I, an expert Medicare agent use the terms incorrectly.  I may call Plan B, and Part G.  That is okay.  Working with a local Medicare expert can save time and headaches by sifting through all of the different letters and acronyms.