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. 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. If you have been struggling to understand Medicare and its edibility criteria, below is everything you need to know.
The first thing you should know about Medicare is that is a health insurance program created by the federal government with four different parts covering specific 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.
Being enrolled in the first two plans of Medicare is very important because it is a requirement for qualification to Medicare Advantage or part C which does not include lower prescription 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. 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. If you are under the age of sixty-five, you may also qualify for Medicare coverage and have access to lower prescription costs but you must meet the qualifications like being eligible for social security for the last two years or you are permanently disabled among other things.
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. This is what you should know about your Medicare eligibility.