Ever tried to figure out the differences between the different Medicare plans? Medicare is available to persons 65 years of age or greater. Part A is considered “hospital coverage” and pays expenses related to hospitalization. Part B is coverage for “physician’s services”. This also covers lab expenses, home health care and outpatient hospital treatment. This is an optional part of Medicare that has a separate monthly premium but is highly recommended. Medicare Part D is “prescription drug coverage”. These descriptions are just the beginning in working with Medicare. There are also Medicare Advantage plans and gap plans that offer different coverage.