Healthcare Is Making Me Sick by Scott R. Heiser

Healthcare Is Making Me Sick by Scott R. Heiser

Author:Scott R. Heiser
Language: eng
Format: epub
Publisher: BookBaby
Published: 2019-05-18T02:53:17+00:00


Medicare

Medicare is the guaranteed-issue, government health insurance program for individuals over sixty-five, certain younger people with disabilities, and people with End Stage Renal Disease (permanent kidney failure requiring dialysis or transplant). It does not have income requirements to join. Its goal is similar to Medicaid in providing affordable healthcare insurance to seniors. All four components of Medicare (Parts A, B, C, and D) require monthly premiums, deductibles, and out-of-pocket costs for services.

Different parts of Medicare help cover specific services:

Part A: Hospital Insurance. It covers inpatient hospital stays, some home healthcare, stays in skilled nursing facilities, and hospice care.

Part B: Medical Insurance. It covers outpatient care, preventive services, medical supplies, and some doctors’ services.

Part C: Medicare Advantage Plans. These are offered by private companies that contract with Medicare. They provide Part A and Part B coverage, and most also cover Part D benefits.

Part D: Prescription Drug Coverage. This is provided by private insurance companies and adds drug coverage to the other parts of Medicare.



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