Medicare is a federal or state government-grant that provides health security to individuals aging 65 and above and under 65 but is a beneficiary of Social Security Disability Insurance or End-Stage Renal Disease. Medicare is a vital aspect of health and financial security that should be widely discussed. Here are the things you should know if you are planning to benefit from this health coverage:
Two Main Parts: A and B
Starting from the basics, Medicare has two main parts, namely Part A and Part B. Each section is discussed below:
Since Part A and Part B of Medicare are considered the most basic coverage, both do not cover prescription drugs. However, you can still get a stand-alone coverage such as the Plan C or the Medicare Advantage Plan or the Part D or the Prescription Drug Plan.
What Does Medicare Not Cover?
Although there are plenty of services that Medicare covers, it is still vital to have a glimpse of the essentials that it does not cover. Below are some of them:
There’s still a lot more that you should learn about Medicare. This article is only the tip of the iceberg, but the information provided is substantial to help you begin!
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