What does Medicare pay for and what does Medicaid pay for?
Medicare is federal health insurance which is available to Americans 65 years of age and older, and some disabled individuals. It covers routine medical care as well as acute episodes such as hospitalization and rehabilitation after leaving the hospital. Medicare Part A pays for hospitalization, Medicare Part B pays for doctor visits, and Medicare Part D pays for prescription drugs. Parts B and D are optional, and require the recipient to pay a premium. Like all insurance policies, Medicare doesnt cover 100% of all expenditures. Seniors usually buy supplemental or “Medigap” insurance to cover Medicare copayments and deductibles, and to pay for some non-covered expenditures. Medicare may pay for short-term nursing home care or home health care after an illness. In general, however, Medicare does NOT pay for long-term care, either in nursing homes or in the community. For more information on Medicare, visit the Medicare website. Much helpful information on Medicare and Medigap is also av
Related Questions
- Can a healthcare provider be reimbursed for indirect services? Do Medicare, Medicaid, or private insurance pay for indirect services?
- I received a letter from Social Security that Medicaid will pay my Medicare premium for Part B. When will Medicaid start paying?
- Does Medicare or Medicaid pay for senior monitoring systems and services?
