Medicare insurance is a federal program for a specialized category of people. Medicare is provided to people who are 65 years and above, done cases of younger people who are disabled, people who suffer permanent kidney failure and in some cases people who have worked full-time for more than 10 years.
Usually Medicare is categorized into two parts, as explained below.
Part A Medicare.
The decision of what to include in Medicare program is not based on several factors which include the following the federal and state laws, local decision to cover a particular person made by every insurance company in each state that have Medicare insurance program and national coverage decision made by Medicare on what should be included on the cover and what is to be left out .
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Medicare insurance program covers the following.
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Inpatient; the days you spend in the hospital.
The medical care you get from a nursing hospital.
The care their patient get from a hospice.
Home health care is also covered in Medicare though not all of them.
It is your responsibility to get to know what to expect in part A of Medicare.
Part B of Medicare.
With the Medicare part B, there is a rate that is set to be paid annually by the Congress. Each year the premium for Part B Medicare increase by a certain percentage if you are late for enrollment. By a certain percentage, the premium for Medicare increases in each year if you don’t sign up on time.
In Medicare part B plan, there is a penalty if you are late for enrollment. Part B of Medicare covers the following, specific doctors charges, outpatient services, medical supplies and preventive services.
Part C of Medicare.
Also referred as advantage plus plan, part C of Medicare is usually offered by private companies who work together with Medicare to provide you with the benefits of part A and part B. When you enroll in a Medicare Advantage Plan, you will find that the Medicare services are included in the plan and are not paid in the original Medicare. The part C of Medicare covers the following; Private fee for service provider, health maintenance organizations, Medicare medical savings account plans, preferred provider Organizations, and special needs plans.
Part D of Medicare.
With part D Medicare plan, adds the drugs prescribed to you by your doctor to the original Medicare, to Medicare medical savings, to specific Medicare cost plans and to certain Medicare private fee for services plans .
Medicare plans are very important to those who are eligible for them, therefore take the step and enroll to enjoy all the benefits.