The Many Parts of Medicare -- and Which Ones You Might Need
Medicare is a lot more complicated than you may realize. Many Americans know that it has two parts -- Part A and Part B -- that cover most garden-variety health services and major operations. However, there are also other parts that cover a plethora of additional services. Understanding each part of Medicare can help you make smart healthcare decisions during retirement.
Let's go over the various parts of Medicare and the benefits they provide.
Part A of Medicare provides hospital and hospice coverage. It will also cover some (but not many) types of long-term care. For example, Part A will cover the first 100 days in a semiprivate room in a nursing home, but only if you spent at least three days in the hospital first and were sent to the nursing home based on a doctor's recommendation.
Source: Fool.com
