Understanding the Four Parts of Medicare
Part A – Hospital Insurance
Covers inpatient hospital care, skilled nursing, hospice, and some home health. Most people don’t pay a premium.
Part B – Medical Insurance
Covers doctor visits, outpatient care, preventive services, and durable medical equipment. Monthly premium required.
Part C – Medicare Advantage
All-in-one alternative to Original Medicare. Includes Parts A and B, often Part D, plus extras like dental, vision, and hearing.
Part D – Prescription Drug Coverage
Helps cover the cost of prescription drugs. Plans are offered by private insurers.
Original Medicare vs. Medicare Advantage
When you qualify for Medicare, you’ll choose between two main paths:
Original Medicare
- Includes Part A (Hospital) + Part B (Medical)
- Add Medigap for supplemental coverage
- Add Part D for prescriptions
- See any provider who accepts Medicare nationwide
- Predictable structure, but more out-of-pocket without Medigap
Medicare Advantage (Part C)
- All-in-one plan from private insurers
- Includes Part A + Part B (and often Part D)
- May cover vision, dental, and hearing
- Works within provider networks (like an HMO or PPO)
- One premium, but rules and benefits vary by plan
How We Help—At No Cost to You
- Review your providers, diagnoses, and medications
- Compare plan benefits, premiums, and drug coverage
- Recommend a plan that fits your needs and budget
- Enroll you when eligible due to age or disability
- Annual Review During AEP (Oct 15–Dec 7): We check changes to benefits, networks, and costs and adjust if needed
Things to Consider When Reviewing Medicare Plans
Choosing a Medicare plan can feel overwhelming. As you compare your options, take the following factors into account:
1. What Are the Costs?
Each plan offers different monthly premiums, deductibles, copays, and out-of-pocket maximums. Consider which structure works best with your budget.
2. What Services Are Covered?
Your medical conditions and treatment needs determine what type of coverage is most important. Make sure the plan you select supports your current care—and keeps you protected in the future.
3. What Additional Benefits Are Included?
Some Medicare Advantage plans offer extra benefits such as vision, hearing, dental, or fitness programs. You may also want to consider a Medicare Supplement (Medigap) plan that helps reduce out-of-pocket expenses.
4. What Doctors Can You See?
Always check the provider network. Make sure your current doctors, specialists, and preferred clinics are included—or that the available options meet your needs.
Meet Our Licensed Insurance Agents
Let a Licensed Insurance Agent from Yocum Insurance Agency, LLC review Medicare plans available in Indiana and Kentucky and help you understand your options. We’ll guide you through the process so you can make a confident, well-informed decision.
Debra Bell
Licensed Insurance Agent
Debra is a licensed insurance agent who joined Yocum Insurance Agency, LLC in January 2024. She takes time to understand your individual situation so she can help you find a Medicare plan that fits your needs. Outside the office, Debra enjoys spending time with her family and six grandchildren and attending sporting events.
Katrina Lockridge
Licensed Insurance Agent
Katrina is a lifelong Evansville resident and licensed insurance agent committed to helping clients compare and understand their Medicare plan options. She is actively involved with Knot Alone, a nonprofit supporting individuals undergoing cancer treatment.
This is an advertisement for an insurance product. Insurance products are not NCUA/NCUSIF or otherwise federally insured and are not guarantees or obligations of the agency. All agency products and services are subject to change without notice. Client eligibility required. Not connected with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.
Ready to compare your options?
he licensed insurance agents of Yocum Insurance Agency, LLC are here to make Medicare easier to understand.
We are licensed to sell Medicare products in Indiana and Kentucky.