What is Medicare?
Medicare was created in 1965 when people over 65 found it next to impossible to
find a health insurance company to insure them. Medicare is offered to all americans over the age
of 65. Medicare is offered to all americans regardless of work history, national origin, or health risk.
Medicare so what is it exactly? It’s all little complicated, we are talking about the federal government
but here are the basics.
Part A – covers hospitals, nursing facilities, and home health services, home care services.
Part B – covers preventative services like doctor visits, diagnostic tests, and medical equipment.
Part C – is another name for Medicare advantage, Medicare part C is administered by private insurance companies that contract with Medicare. Part C covers everything that original Medicare
Part A, and Part B covers and covers extra benefits as well.
Part D- Medicare part D, is also called the Medicare prescription drug benefit.
Medicare costs
It’s a common misconception that Medicare is free, unfortunately, most of medicare is not free. Part A is free for most people, but some still do have to pray a premium and other addition costs as well.
With Parts B,C, and D, be prepared to pay a premium. The average part B premium is around $140 a month, with a deductible, you will pay around 20% of the Medicare-approved amount for most services
covered, like doctors visits.
How do i enroll in Medicare?
Medicare eligibility
So who is eligible?
U.S. citizens or permeant residents 65 and over, who have lived in the United States for at least five years; and you or your spouse has worked long enough and eligible for social security or railroad retirement benefits. You or your spouse is a government employee or retiree and has not paid into social security, but has paid Medicare payroll taxes while working. In some cases you can receive medicare at a much younger age, if you have certain conditions.
These are just some of the basics, for more information on Medicare and where to apply for Medicare, please call the medicare help line at 1-800-MEDICARE or visit https://www.medicare.gov
This was brought to you by seniorforum.org a place for senior talk
