Hospital insurance – covers the costs of health care at medical facilities. Offers coverage for medically necessary inpatient care at hospitals, skilled nursing facilities, hospices and some home health services.

Medical insurance – covers the costs of health care outside medical facilities. Offers coverage for doctors’ services, hospital outpatient care, mental health and some preventative health care services.

Medicare Advantage (MA) plans – policies you can purchase from certain private insurance carriers that provide the same (or more) coverage as Parts A and B. Typically will include Part D (prescription drug coverage), and sometimes other services Original Medicare won’t cover. They are not a Medicare Supplement plan.

Prescription drug coverage offered through private Medicare-approved insurance companies.

Plans offered through private insurance carriers that pay secondary to Original Medicare to cover some or all the cost-sharing. Network typically includes any doctor in the US that takes Medicare. Not typically restricted to local networks.