When it comes to Medicare coverage, there are a lot of misconceptions about who is eligible to use it and what health events it actually covers. We want to make sure that you get the best information so that you can get connected to the health care products you need quickly and easily. In this article, we thought it would be a great idea to share 5 basic facts about Medicare coverage so that you can use it to reduce or even eliminate some of your monthly health care costs.
#1 Who is Medicare for?
Medicare is health insurance for people aged 65 and older. People under the age of 65 may also be eligible for Medicare based on a disability or qualifying medical condition. Medicare does have a list of disabilities and medical conditions they cover that is available on their website or via their customer service department. Have a question about your eligibility? Visit Medicare.gov and use their eligibility calculator.
#2 Does Medicare cover long term care?
In short, Medicare does not cover long-term care. What patients receive is limited access to a skilled nursing facility and access to certain home care benefits. If qualified, you are able to use the nursing facility benefit for up to 100 days annually.
#3 Is Medicare widely accepted?
Medicare Parts A and B are the most widely accepted insurance plans in the United States. That means that you can visit just about any doctor or hospital and be confident that your insurance will be accepted. Recent changes in Medicare law concerning parts A and B have made it possible to participate in preventive health care services without a copayment or coinsurance. This includes services like immunizations, mammograms, and a colonoscopy. You can also use Medicare to cover items like back braces, incontinence aids, power scooters and wheelchairs, etc.
#4 Should I wait until the end of COBRA coverage to enroll in Medicare?
It is advisable to enroll in Medicare before the end of your COBRA coverage. Doing so will help you to avoid penalties and gaps in coverage.
#5 Am I obligated to only use Medicare for medical coverage?
It is possible for Medicare recipients to decline part or all of their coverage under certain circumstances. One instance can include if the person has accepted a position where the employee’s medical plan covers some or all of their needs. However, it is best to speak with your plan advisor before making any changes to your Medicare plan.
Medicare is a great benefit to those who find that they are eligible to use it. Medicare coverage can help reduce or eliminate certain medical expenses that can occur all at once or on a monthly basis. Some examples of a one-time cost can include an item like a power wheelchair or scooter. An example of a monthly recurring expense can be items like adult diapers. Aeroflow is happy to work with you to connect your benefits to the items you need to live your life.