Commonly Asked Questions About Medicare
Medicare is a term we hear all the time in the news, bills getting passed issues with coverage, it seems like there’s always something. In this post we answer commonly asked questions about Medicare. Let’s start by asking the question; What is Medicare? Medicare is the federal health insurance program for:-
People who are 65 or older.
Certain younger people with disabilities.
People with End-stage Renal Disease (Permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD)
Medicare is made up of three different parts that cover specific services.
Medicare Part A (Hospital Insurance)
This is the inpatient hospital stays, care in a skilled nursing facility, hospice care and some home health care.
Medicare Part B (Medical insurance)
Part B covers certain doctors’ services, outpatient care, medical supplies, and preventative services.
Medicare Part D (Prescription Drug Coverage)
Helps cover the cost of prescription drugs (including many recommended shots or vaccines).
Can medicare pay for a caregiver?
It depends on what situation you are in, Medicare may pay for short term caregivers if medical care is needed to recover from an injury, illness, surgery or if a doctor is reviewing your treatment plan regularly. Call 1-800-Medicare (1-800-633-4227)(TTY users 1-800-325-0778). call the State Health Insurance Assistance Program (SHIP) in your state for personalized help. Contact us too if you have questions 1-855 Wesley K (855-937-5395.
Which is the best Medicare plan?
Medicare Advantage (also known as Part C), plans may have a lower out of pocket costs that Original Medicare. If you need help deciding ask your primary care physician or contact us to get help with setting up your coverage.
Are Medicare premiums tax deductible?
Medicare expenses, including Medicare premiums, can be tax-deductible. You can deduct all medical expenses that are more than 7.5 percent of your adjusted gross income. Most people can’t deduct their Medicare premiums pretax unless they’re self-employed.
Where do I apply for Medicare?
- Online at www.SocialSecurity.gov.
- By calling Social Security at 1-800-772-1213 (TTY users 1-800-325-0778), Monday through Friday, from 7AM to 7PM.
- In-person at your local Social Security office.
The link below will help you get started in your enrollment.