Medicare Health Insurance for Elderly Without Medicare and Elderly Not Eligiblr for Medicare

What is Medicare Health Insurance?

The Medicare Health Insurance is designed to take care of the medical requirements of the aged. Anyone who is 65 years or older
will fall under this plan. It also provides
assistance to elders who are disabled or suffering from end-stage renal failure and in need of dialysis or kidney transplantation. The Medicare Health Insurance plan is administered by the United States Department of Health and Human Sciences and The Health Care Finance Administration. There are four parts in Medicare Health Insurance: Part A-Hospital Insurance, Part B-Medical Insurance, Part C-Medicare Advantage and Part D-Prescription drug Coverage. These plans are discussed as under.

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Part A-Hospital Insurance

This part covers in-patient hospital services, skilled nursing care, home and hospice care. If you had paid Medicare taxes during your employment, you will not need to pay the premium. But you will be required to pay co-insurance and deductible charges. It provides a strong coverage for 60 days of hospitalization. Mostly, you will have to pay around $992 for 60 days hospitalization and the remaining expenses will be borne by Medicare. But if the hospitalization exceeds 60 days, the policy will cover fewer and fewer expenses. And finally, if the hospitalization goes beyond 150 days, Medicare will not pay any of your medical expenses.

Part B-Medical Insurance

This provides coverage for your doctor's fees, medical supplies and medical equipments which are durable in nature. It also provides coverage to outpatient hospital treatment, laboratory services, hepatitis B and flu shots. It also covers preventive services like tests for prostate cancer, colorectal cancer, diabetes, mammograms, glaucoma, bone mass measurement and cardiovascular screening. It will pay 80 percent of your medical expenses, outpatient hospital expenses and doctor's fees. And it is compulsory for everyone who has taken up this policy to pay the monthly premium, co-insurance and the deductibles.

Part C-Medicare Advantage

Only those who qualify for Part A and are already enrolled in Part B are permitted to enroll to a private health maintenance organization (HMO), provider sponsored organization (PSO), private fee-for-service organization (PFFS), preferred provider organization (PPO) and medical savings account (MSA). You will be required to remit your monthly premium for Part B to Medicare and also a monthly premium for the Medicare Advantage Plan.

Part D-Prescription Drug Plan

This provides coverage to people of any income group, health conditions, and irrespective of their prescription drug usage. But only members enrolled to Part A and Part B will be given choice for prescription drug plan. But one cannot enroll to the Medicare Advantage plan and also to the prescription drug plan. It offers many options of monthly fees, providers, deductibles and types of coverage. If you already have a prescription drug plan and you apply for Medicare Advantage Plan, then you will be removed from your prescription drug plan coverage. And you will be penalized if you enroll to prescription drug plan if you were never before enrolled to any creditable drug plan. Medicare opens enrollments from November 15 every year till the end of December.

 Over 64? Click here for Medicare Plans!

 Medicare Supplemental Insurance Plans for Senior Citizens

For senior citizens, having medical coverage through the federal government's Medicare program is literally a lifesaver. Many of these senior citizens would not be able to afford the basic medical care that they need without Medicare. This social insurance program allows them to stay healthy and enjoy a longer life than they might otherwise enjoy without the assistance of Medicare. But as great as the program is, it's only designed to cover the basic insurance needs of our nation's elderly. That's why the option of being able to purchase a Medicare supplemental insurance plan is so key to the health and well-being of American senior citizens.

A Medicare supplemental insurance plan is designed to cover holes and gaps in basic Medicare coverage. Since most senior citizens are beginning to deal with aging-related issues by the time they turn sixty-five years of age and are eligible for Medicare, most of them need more than just the basic coverage offered by Medicare. This means that left with only Medicare coverage, most of these senior citizens will be left with inadequate coverage, which they may not realize until they suffer a health emergency and realize that they can't afford the care that they need.

While Medicare is federally subsidized, Medicare supplemental insurance is administered by the state governments and is sold by private insurance companies. If you're interested in purchasing a Medicare supplemental insurance plan, first make sure that you understand the Medicare regulations in your state. You don't want to settle on a plan only to find that it's not available in your state. And be sure to shop around. You won't get the best price if you don't take the time to get at least three price quotes from different companies to compare and see what deals are available to you.

If the task of researching Medicare supplemental insurance seems too daunting to tackle on your own, you're not alone in feeling overwhelmed. That is why so many quality insurance brokers are able to stay in business. They make it their aim to understand not only the different Medicare supplements that are available through different insurance companies, but also to understand the needs of the senior citizens in their area so that they can recommend the best insurance products to their clients. With the help of a good agent and a basic understanding of the Medicare supplement, you're sure to be able to get the coverage you need.

Medicare Supplements for you will find and compare the best options for your Medicare Supplemental Insurance needs.  You can make an informed decision after perusing the information we provide you.  Did you know you can cut costs and continue to see your preferred doctors?

 Over 64? Click here for Medicare Plans! 

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