What is Medicare?

There are numerous government programs that provide health-related and medical services to specific groups of people in US. Medicare is one of them. It is a federal health insurance program for the elderly and differently-abled to pay for their medical care and hospital bills. It is managed by a division of the U.S. Department of Health and Human Services know as the Centers for Medicare and Medicaid Services. The program covers health insurance which can be divided into two parts. The first part involves Part A and Part B which covers hospital and medical insurance while the second part entails Part C and Part D which deals with prescription drugs and provides flexibility. The medical expenses and services not covered under Medicare original plans are covered by Medicare Supplement plans known as MediGap plans.

Original Medicare plans:

Part A and B- Medicare Part A insure the expenses related to hospital stays like the meals expenses, supplies, and tests expenses and also for a semi-private room. The insurance under Part A is inclusive of home health care on a part-time basis and is considered necessary medically, care in nursing facilities and some medical equipment such as walkers and wheelchairs. Part B Helps to pay for visits to a physician, home health care costs, outpatient visits to the hospitals and also certain other services for the elderly and disabled. Medicare supplement plans take care of expenses which are not covered under the above.

Additional Medicare plans:

Part c and D-Part C is a customized plan which could suit the needs of the insured in a better possible way. These plans list some private insurance companies depending upon the eligibility and program chosen by the patient. Part D in the extended part of Medicare that includes covered expenses for a prescription drug. There are different plans with a different list of drugs covered under them and different costs.

Medicare supplement plans:

Enrolling in a 2019 Medicare supplement plans can provide supplement coverage related to services and medical expenses that are not covered under the original Medicare plans. This can help to pay some costs that Part A and B of original Medicare plans do not insure such as copayments, coinsurance, and deductibles. They do not include drug coverage as they are now included in Plan D of the Medicare plans. They are provided by private insurance companies which are authorized by the Centers for Medicare and Medicaid services and consist of 12 plans.