Understanding the basics of Medicare Insurance in USA.

Etini Willie

Active member
Credits
$2.92630
So many people don't fully understand how Medicare works. In this post, I present some tips that can help to understand how Medicare works

Number one Original Medicare covers hospital and medical insurance. It's commonly known as Part A and Part B and comes from the federal government.

Number two, there are two ways to get Part D prescription drug coverage. One is through a standalone Part D plan the other through a Part C Medicare Advantage plan with prescription drug coverage. To get a standalone Part D plan. You must be enrolled in Medicare Part A or Part B.
To get a Medicare Advantage plan. You must be enrolled in both Part A and Part B.

Number three, you could have to pay more for Medicare Part A Part B and Part D if you don't enroll when first eligible and don't qualify for a special enrollment period.

Number four Original Medicare Parts A and B doesn't cover everything. For example, it doesn't cover things like prescription drugs, routine dental, vision or hearing care.

Lastly, one should buy a Medigap plan. It could help reduce the cost of expenses on healthcare. Medigap plans are Medicare Supplement Insurance Company plans.
 

rollindo

New member
Credits
$0.00000
Healthcare | Healthcare Insurance Blog

Healthcare is a health insurance exchange website operated by the United States federal government under the provisions of the Affordable Care Act or ACA, commonly referred to as “Obamacare”, which currently serves the residents of the U.S.

Location: US
 
Top