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Original Medicare - Part A and Part B
Part A - Hospitalization
Part B - Medical Services
Part C - Medical Advantage Plans
Part D - Prescription Drug Coverage
Medicare Supplement or Medi-Gap
plans refer to a plans which work with
secondary to Medicare and have a
monthly premium
Plan F, G or N - are the most common
Medicare Supplement plans
Deductible - An amount paid before benefits
begin
Co-pay - A fixed amount
Co-Insurance - A percentage of a fee
Annual Enrollment Period - a time between
October 15 through December 7 to make
plan changes for the upcoming year, if you
choose
Formulary - A list of medications covered under the plan
Provider Directory - A list of providers, hospitals who accepting a plan
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