How to Know if you Eligible for Medicare
If you have health insurance, you can receive medical treatment from the best doctors and facilities in the business without worrying about the thousands of dollars it costs. Even with many benefits that come with having health insurance, more than twenty-million Americans are uninsured, leaving them to cover medical costs by themselves. 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. The first part of this health insurance is known as Medicare part A which covers the cost of hospital stays or the bills incurred in a nursing facility. If you don’t have health insurance and you have to visit a doctor regularly, you know how expensive it can be since you don’t enjoy lower prescription costs either, but Medicare part B is here to help.
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. By covering the cost of prescription drugs, shots and vaccines to ensure proper health, it comes as a relief to long-term medication users by allowing access to lower prescription costs. As you can see, Medicare is just as important as health insurance whether you will benefit from lower prescription costs or not.
Being eligible to Medicare part A means you can access the lower prescription costs in part D, however, you be receiving or be eligible for social security or railroad retirement benefits or worked for the government and has paid into Medicare payroll taxes. 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. All the four parts of Medicare require payments in different amounts monthly based on things like how long you have paid Medicare taxes and the amount of your income. This is what you should know about your Medicare eligibility.