Difference between revisions of "Medicare"
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The Medicare Program consists of four different parts: | The Medicare Program consists of four different parts: | ||
| − | *[[Part A| | + | *[[Medicare Part A|Part A]] – Hospital insurance which includes [[Inpatient care|inpatient]] [[hospital]] care, inpatient care in a [[skilled nursing facility]], [[hospice care]], and some [[home health services]]. |
| − | *[[Part B| | + | *[[Medicare Part B|Part B]] – Medical insurance which includes [[physician services]], [[outpatient care]], [[durable medical equipment]], [[home health services]], and many [[preventive services]]) |
| − | *[[Part C| | + | *[[Medicare Part C|Part C]] – [[Medicare Advantage]] (MA) - Medicare-approved private insurance companies provide all Part A and Part B services and may provide prescription drug coverage and other supplemental benefits. |
| − | *[[Part D| | + | *[[Medicare Part D|Part D]] – The [[Prescription Drug Benefit]] - Medicare-approved private companies provide outpatient [[prescription drug coverage]]. |
Revision as of 02:07, 16 February 2017
Medicare is a health insurance program for people 65 or older, certain people under 65 with disabilities, and people of any age with End-Stage Renal Disease. Medicare is administered by the U.S. Federal government. The program is funded by a payroll tax, premiums and surtaxes from beneficiaries, and general revenue.
The Medicare Program consists of four different parts:
- Part A – Hospital insurance which includes inpatient hospital care, inpatient care in a skilled nursing facility, hospice care, and some home health services.
- Part B – Medical insurance which includes physician services, outpatient care, durable medical equipment, home health services, and many preventive services)
- Part C – Medicare Advantage (MA) - Medicare-approved private insurance companies provide all Part A and Part B services and may provide prescription drug coverage and other supplemental benefits.
- Part D – The Prescription Drug Benefit - Medicare-approved private companies provide outpatient prescription drug coverage.
