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Answers about Medicare Plans and other Health Insurance Plans - Liberty Medicare

Liberty Medicare is here to help you learn and enroll in a Medicare Plan or Individual Health Insurance Plan that's right for you. We provide simple solutions for all your healthcare needs.
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9y ago
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15y ago

Medicare is a health insurance program for: people age 65 or older,

people under age 65 with certain disabilities, and

people of all ages with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a kidney transplant).

Medicare has: Part A Hospital Insurance - Most people don't pay a premium for Part A because they or a spouse already paid for it through their payroll taxes while working. Medicare Part A (Hospital Insurance) helps cover inpatient care in hospitals, including critical access hospitals, and skilled nursing facilities (not custodial or long-term care). It also helps cover hospice care and some home health care. Beneficiaries must meet certain conditions to get these benefits. Part B Medical Insurance - Most people pay a monthly premium for Part B. Medicare Part B (Medical Insurance) helps cover doctors' services and outpatient care. It also covers some other medical services that Part A doesn't cover, such as some of the services of physical and occupational therapists, and some home health care. Part B helps pay for these covered services and supplies when they are medically necessary. Prescription Drug Coverage - Most people will pay a monthly premium for this coverage. Starting January 1, 2006, new Medicare prescription drug coverage will be available to everyone with Medicare. Everyone with Medicare can get this coverage that may help lower prescription drug costs and help protect against higher costs in the future. Medicare Prescription Drug Coverage is insurance. Private companies provide the coverage. Beneficiaries choose the drug plan and pay a monthly premium. Like other insurance, if a beneficiary decides not to enroll in a drug plan when they are first eligible, they may pay a penalty if they choose to join later.

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15y ago

Medicare is a federal government program that helps older folks and some disabled people pay their medical bills and�prescription drug costs.

The program is divided into three parts: Part A, Part B, and Part D. Part A is called hospital insurance and covers most hospital stay costs, as well as some follow-up costs. Part B, medical insurance, pays some doctor and outpatient medical care costs. Part D covers some prescription drug costs.

Medicare Advantage plans are another way for beneficiaries to receive their Part A, B and D benefits. All Medicare benefits are subject to medical necessity.

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14y ago

medical cov for US seniors

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Q: What is Medicare coverage?
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Related questions

What is medicare part a and medicare part b?

part a is hospital coverage, part b is dr coverage


does medicare over coverage for quiting smoking?

Typically Medicare does not have this type of coverage under its policy. You should find out more information about this from your local Medicare provider.


When you have Medicare Part A Insurance and Supplemental coverage which is primary insurer?

Medicare


What does medicare part d does?

Medicare Prescription Drug Coverage (Part D): Medicare offers prescription drug coverage (Part D) for everyone with Medicare. To get Medicare drug coverage, you must join a plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and drugs covered. If you want Medicare drug coverage, you need to choose a plan that works with your health coverage. For more information: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf page 63


Retiree health care coverage and Medicare?

Question isn't clear, but ordinarily Medicare is the primary payor and your retiree coverage is secondary.


If you are married with no insurance at current job and plan to remarry someone that has Medicare can you be added to their insurance?

Medicare is based on individual coverage. Unfortunately, you can't be added to someone's Medicare coverage.


Can you buy Medicare supplemental insurance if you have Medicare carve out coverage?

Please explain your question more thoroughly if my answer does not suffice. I am unsure of what you mean by Medicare Carve Out Coverage. You can buy a Medicare Supplement at any time once you have received your Medicare Part A and Part B. If you do not enroll within 6 months of your Part B effective date you would be subject to underwriting. You can not join a Medicare Supplement if you already have a Medicare Advantage Plan as this is not allowed by Centers for Medicare. You would be required to drop your Medicare Advantage Plan prior to the Medicare Supplement effective date. If you had coverage through an employer, you would not need Medicare Supplement coverage as your employer coverage would be primary and then Medicare would be secondary for your out-of-pocket costs covered by Medicare.


Can you explain the main idea of the medicare part d formulary?

You can get prescription drug coverage (or Medicare Part D) through Medicare ... If, at any point, you drop Medicare Part D and have a break in coverage, restrictions will apply.


Medicare part d covers what?

Medicare Prescription Drug Coverage (Part D): Medicare offers prescription drug coverage (Part D) for everyone with Medicare. To get Medicare drug coverage, you must join a plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and drugs covered. If you want Medicare drug coverage, you need to choose a plan that works with your health coverage. For more information: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf page 63


What is a concern about the future of Medicare coverage?

A third concern is coverage for prescription medications.


What is Medicare carve out?

A Medicare carve out is the use of private insurance to enhance the coverage of Medicare insurance. There are several different plans to choose from that work along with Medicare to give the best coverage possible at the least amount of cost to the patient.


When was the first group coverage emerged in?

medicare