Questions to Ask About your Medicare Eligibility
If you have health insurance, you can receive medical treatment from the best doctors and facilities in the business without worrying about the thousands of dollars it costs. There is a significant percentage of the country’s population that will have to cover medical costs by themselves and cannot have access to lower prescription costs because they don’t have health insurance. When you don’t have health insurance, you don’t enjoy the benefits like lower prescription costs that insured individuals do, leaving you stressed about thousands of dollars. In this article you are going to learn about Medicare and what you need to qualify for it.
The main difference between Medicare and the other health insurance programs you know of is that this one belongs to federal government and has up to four different parts, each responsible for a specific thing. Medicare part A, although not helpful for those who want access to lower prescription costs, it alleviates the stress by paying the medical bill when for your stay in a hospital or nursing home. Among the four parts of Medicare, part B is the one being used the most since there are people who have to see doctors regularly and have medical supplies for underlying conditions.
There is Medicare part C also known as Medicare Advantage and unlike the first two, t is only available through private insurers and one must be enrolled in part A and part B to qualify. Medicare part D is of tremendous benefits to long-term medication users because it enables access to lower prescription costs. As you can see, Medicare is just as important as health insurance whether you will benefit from lower prescription costs or not.
If you are an American citizen or permanent resident over the age of sixty-five you are eligible, however, you will enjoy more benefits like not paying premium for Medicare part A if you meet certain qualifications like being a social security beneficiary. If you are under the age of sixty-five, you may also qualify for Medicare coverage and have access to lower prescription costs but you must meet the qualifications like being eligible for social security for the last two years or you are permanently disabled among other things.
Even if you are enjoying the benefits of Medicare coverage like lower prescription costs, there are costs you will be required to pay based on several conditions but there are average costs you can use to determine if you qualify. All the four parts of Medicare require payments in different amounts monthly based on things like how long you have paid Medicare taxes and the amount of your income. Now you know everything there is to know about Medicare including its amazing benefits like access to lower prescription costs and eligibility.