What’s a Medicare Cost plan?

Medicare Cost plans can include Part D and benefits beyond Original Medicare. Find out how they’re different from Medicare Supplement plans.

I love to garden at home and at my church. My favorite part is picking out which seeds will work best with the sunlight, soil, and short Midwestern growing season.

Medicare plans are a bit like that, too. There are different types of plans available because everyone has different health care needs. That’s why it’s helpful to learn about all your Medicare options.

Want more coverage than Original Medicare?

Original Medicare includes Part A (hospital coverage) and Part B (doctor visits, outpatient care and supplies). But most people want more coverage. Learn why in 4 reasons to buy a private plan.

People who enroll in Medicare can choose from different options to get that extra coverage, depending on the county where you live.

A Medicare Cost plan is one of those options. Cost plans include Original Medicare plus extra benefits and perks. You can choose a medical-only Cost plan and pair it with a separate Part D prescription drug plan for the right combination of coverage for you. Or, some Cost plans include Part D prescription drug benefits. Let’s highlight some reasons you might like this type of Medicare plan:

  • You want to pay less for in-network doctor visits and other covered services
  • You’re looking for a plan with a low monthly premium and no deductible
  • You want protection with a plan that limits how much you pay each year out of pocket
  • You want the flexibility to choose a Cost medical plan and a separate Part D plan
  • You want more benefits than Original Medicare or optional benefits like routine hearing and vision exams, hearing aids, gym memberships, dental, acupuncture or chiropractic care
  • You travel in the United States or worldwide and want coverage while you’re away

To help you understand a bit more about these plans, review the questions and answers below. Compare Medicare Cost to Original Medicare coverage and see if it’s the best fit for you.

Am I eligible and when can I enroll?
Are there lower-premium plan options? 
What do Medicare Cost plans cover?
Are there extra benefits and perks?
Does the plan limit how much I pay?
Can I keep my doctors?
Can I use my plan while traveling?
Is emergency care covered?