Having a healthcare cover is one of the most important things for any individual. There is no telling when or where you may fall ill or suffer a serious injury. If you're unable to get the healthcare you need, you could be looking at a number of very unpleasant options.
Luckily, Medicare ensures that certain basic medical needs of Americans are taken care of. However, there are four different parts of Medicare covering different areas of healthcare. It's important to know what is covered in each so you can know which one to enroll in.
This is an insurance plan that covers your stay in the hospital. It also covers stays in nursing facilities, hospice care, wheelchairs, and walkers. If you can't get to a skilled nursing facility or a hospital, this cover can also cater to healthcare services provided at home. The cost of blood used in transfusions is also covered here.
This part of Medicare covers preventive healthcare and doctor services. Many people choose to have Medicare A and B so they can pay for both the stay at the hospital and for the services they receive from doctors. Some of what is covered include:
- Cancer, diabetes, and depression screenings
- Ambulance services
- Vaccinations against hepatitis and influenza
- Medical Equipment
- Certain drugs
For people who want greater coverage, part C plans can offer a Medicare Supplement at an extra cost. These are private insurance plans that have also been approved by Medicare. Their purpose is to fill in the gaps and offer services and care that aren't covered by the first two parts. To qualify for Part C, you must first be enrolled in the previous two Medicare parts. Some of the things covered include:
- Dental care
- Eye care
- Prescription drugs
These plans will require paying premiums.
There are certain prescription plans that aren't covered by other parts of Medicare, e.g., infusions and injections administered by doctors. These drugs are covered by Part D. This plan is usually optional, but many people still get it just to ensure all their medication will be paid for.
Which Coverage Should You Choose?
Although many people opt for Part A and B of Medicare only, it's important to carefully weigh all risks you may face. If you can afford it, paying a premium for extra coverage can make a huge difference when it matters most. Finding a good medical clinic that works well with your insurance is also important.