Everything You Should Know Concerning your Medicare Eligibility
Health insurance has come as a relief to millions of people who otherwise would not have been able to afford the thousands of dollars every time they have to see a doctor. There is a significant percentage of the country’s population that will have to cover medical costs by themselves and cannot have access to lower prescription costs because they don’t have health insurance. When you don’t have health insurance, you don’t enjoy the benefits like lower prescription costs that insured individuals do, leaving you stressed about thousands of dollars. To learn about Medicare’s eligibility requirements and whether you meet them or not, continue reading the following article.
Medicare is a health insurance program but unlike the others, it was initiated by the government and not owned by any company and covers different things. Medicare part A helps in covering medical bills for the duration you stay in a hospital raking up costs. Among the four parts of Medicare, part B is the one being used the most since there are people who have to see doctors regularly and have medical supplies for underlying conditions.
The third part of Medicare is part C which is available through private insurers and you must be enrolled in parts A and B to enjoy its benefits which do not include lower prescriptions costs. If you require long-term use of medication, you understand the importance of having access to lower prescription costs and Medicare part D helps with that. You now understand why it is important to qualify for Medicare if you don’t have health insurance and why you should check your eligibility.
If you are an American citizen or permanent resident over the age of sixty-five you are eligible, however, you will enjoy more benefits like not paying premium for Medicare part A if you meet certain qualifications like being a social security beneficiary. Medicare coverage is not for those who are above sixty-five years only, it is available to you too if you qualify to with lower prescription costs one of the awaiting benefits.
Even if you are enjoying the benefits of Medicare coverage like lower prescription costs, there are costs you will be required to pay based on several conditions but there are average costs you can use to determine if you qualify. For those who are long-term medication users, there is a premium to be paid monthly to have access to lower prescription costs, and it is based largely on your income although there are other contributing factors too. Now you know everything there is to know about Medicare including its amazing benefits like access to lower prescription costs and eligibility.