What is Medicare?
Medicare provides medical insurance coverage to Social Security beneficiaries. Eligibility for Medicare, which comes in the form of a red, white, and blue card, is not available until the person completes a waiting period (up to 29 months). Medicare offers the recipients the following insurances: Hospital Insurance (Part A), Medical Insurance (Part B), and, beginning in 2006, Prescription Insurance (Part D). See: http://www.medicare.
Medicare is a federal program funded by workers’ and employers’ contributions and premiums, and it is the principal source of insurance coverage for most Americans over age 65, and for those Americans receiving Social Security disability benefits. Medicare is divided into parts A, B, C and D. Those receiving social security retirement benefits at age 65 will automatically receive Medicare Part A. All others, including those who will not receive social security retirement benefits until after age 65, must apply for Medicare through their social security offices.
Medicare is a health insurance program that is part of the Social Security Act. All persons 65 or over who qualify for Social Security benefits are eligible for Medicare, regardless of income. Medicare also protects disabled people under age 65 who have been entitled to Social Security Disability payments for atleast two years, and certain others with permanent kidney failure. For more information you can call 1-800-MEDICARE (63342273). You can also visit their website at www.medicare.gov Medicare has two parts: Part A and Part B Part A – Medical Hospital Insurance Part A provides payment and basic protection against costs of -Inpatient hospital care – Post-hospital skilled nursing facility care (up to 100 days) -Home health care and hospice care. Part B – Medicare Medical Insurance Part B provides medically necessary physician’s services, medical services, durable medical equipment and supplies, home health care services, outpatient hospital services and therapy as wella s other servi
Medicare is the Federal health insurance program for Americans age 65 and older and for certain disabled Americans. If you are eligible for Social Security or Railroad Retirement benefits and are age 65, you and your spouse automatically qualify for Medicare. Medicare has two parts: hospital insurance, known as Part A, and supplementary medical insurance, known as Part B, which provides payments for doctors and related services and supplies ordered by the doctor. If you are eligible for Medicare, Part A is free, but you must pay a premium for Part B. Medicare will pay for many of your health care expenses, but not all of them. In particular, Medicare does not cover most nursing home care, long-term care services in the home, or prescription drugs. There are also special rules on when Medicare pays your bills that apply if you have employer group health insurance coverage through your own job or the employment of a spouse. Medicare usually operates on a fee-for-service basis. HMOs and s
Related Questions
- We submit with another Medicare payer (ie, United Government Services, GHI Medicare) does this migration affect us?
- Why shouldn the government negotiate drug prices for Medicare like the Department of Veterans Affairs does?
- Should smokers be required to carry private health insurance and forfeit medicare/medicaid assistance?
