Highlights of Part A and Part B coverage.
Medicare pays toward hospital and doctor expenses, but leaves you with potentially high risk unless you have a plan in place to deal with those expenses.
Part A—is your Hospital Coverage.
This is an entitlement for most people and is provided without charge in most cases.
Impatient Hospital Care - Generally Part A Covers:
- General Nursing
- Drugs for Treatment
Skilled Nursing Facility Care (if you meet certain requirements)
Note: Under Part A, you still have a deductible and coinsurance, which can leave you with potentially high risk. For example, you will have a deductible when you enter the hospital and it could apply more than once if you are in and out of the hospital. If you have an extended stay, the coinsurance can add up in a hurry.
To learn more about how the coverage works, give us a call and we’ll walk you through step-by-step to help you understand what Medicare covers and does not cover.
Part B—covers your Medical Expenses.
For Part B, most people pay a premium and the money is deducted from your social
security check once you sign up for Part B.
- Doctor Visits/Surgery (Inpatient/Outpatient)
- Ambulance Service
- Emergency Department Services
- Preventive Services
- Durable Medical Equipment
- Home Health Care (if you meet certain requirements)
Note: Under Part B, you still have a deductible and coinsurance, which can leave you with potentially high risk. For example, there is an annual deductible and then you generally owe 20% of all charges, which can add up in a hurry. To learn more about how the coverage works, give us a call and we’ll walk you through step-by-step to help you understand what Medicare covers and does not cover.
Parts A & B collectively are known as Original Medicare.
Medicare Supplement Insurance plans are available to help cover all or part of the deductibles and coinsurance not covered by Parts A & B. A wide range of plans and pricing are available to meet your particular needs and eliminate or reduce your risk. At Medicare.gov, or your Medicare and You book, you’ll find lots of information and many, many more details. However, it is much easier to contact us for information about Parts A & B, Medicare Supplement Insurance coverage options, and the changes that have occurred.
We’ll ask a few questions, show you the potential risks with Parts A & B alone, and then present just the information that relates to you rather than making you sort through all of the information available.