It is important for one to have Medicare coverage, but then we cannot deny the fact that the costs for insurance, medical and pharmaceutical are getting expensive. There are instances that people of retiring age do not find the costs of this medical insurance plan convenient at all.

Medicare and You

We all recognize the need for Medicare, especially in cases of unexpected medical emergencies and other medical concerns. However, most people find this very complicated and costly at the same time. Another concern that is bothering some people is the instability of health insurance. It is of public knowledge that medical insurance is one of the major problems of the government right now. To try to close this gap, the government came up with a solution known as the Medigap policy or Medicare supplement plan. Elderly and retirees are encouraged nowadays to enroll in this program to maximize the benefits of this medical insurance to their advantage.

What is Medicare?

Medicare is a federally-funded program that covers part of the costs of medical needs of its citizens. Once covered by Medicare, your medical treatment, doctor\’s visit, medicines and hospitalization is already covered by this medical program.

Who is covered by Medicare?

Of course, you must be a bonafide citizen of the United States of America, and at least 65 years of age. Can people of younger age avail of this kind of medical insurance? Yes, as long as he or she has a qualifying disability such as a permanent kidney failure or a Lou Gehirg\’s disease

How is Medicare classified?

This kind of medical insurance is divided into various parts:

Part A: covers

* hospice care,

* inpatient hospital care

* skilled nursing facilities,

* some home health care.

The good news is that this will instantly have you covered if you have reached the age of 65 and above. There is no need for you to pay for this coverage.

Part B

This is known as the Medical coverage that pays for all the necessary and reasonable medical services that are not specified in Part A. These are:

* ambulance services,

* blood and medical supplies,

* doctor\’s services,

* durable medical equipment

* home health care,

* laboratory and X-ray services,

* outpatient hospital care,

* physical and occupational therapist services,

* Wheelchairs and hospital beds.

Part C is known as the Medical Advantage.

Coverage includes:

* Medicare health maintenance organization,

* Medicare medical savings account plan

* Medicare special needs plans.

* preferred provider organizations,

* private fee for service plans,

Take note that to be covered under part C you need to be covered under parts A and B as well. These are a must under Medicare and you will enable you to enjoy extra benefits such as lower costs of services and prescription drug coverage. Under this medical plan you are required to pay the monthly premiums plus the added costs for the payments. You will also need recommendations and referrals from various medical practitioners to be able to qualify under this coverage.

Part D is known as Prescription Drug Coverage. This covers both generic and branded medicines. Anyone with Medicare can avail of this option.

Seeing that medical insurance is important at one point in your life, it is important to get Medicare and you should be able to make sure that you are covered under the medical program.

If you are looking for the best medicare insurance and medicare program, visit our site for more tips and information. Contact us for free medicare advice.

If you are looking for the best http://www.medicarerep.com/ medicare insurance and http://www.medicarerep.com/ medicare program, visit our site for more tips and information. Contact us for free medicare advice.

Author Bio: If you are looking for the best medicare insurance and medicare program, visit our site for more tips and information. Contact us for free medicare advice.

Category: Finances
Keywords: medical insurance,medical program,medical equipment