Medicare 101: What Everyone Should Know

Are you aged 65 and over and have a medical condition that is too expensive to manage? Or are you perhaps younger but have a permanent disability that prevents you from being productive? Medicare can help you manage your condition to help you live a better life. Let's find out which Medicare service you qualify for under this government-funded program.

Medicare has four primary parts, A, B, C, and D. Part A covers your hospitalization costs.

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These hospitalization costs include inpatient care, surgeries, home healthcare services, hospice care, and expenses in a non-medical healthcare institution. However, if you are hospitalized for more than 60 days, then you must pay part of each day's expenses. Part B covers doctor's visits, outpatient care, medical equipment, outpatient procedures, cancer treatment, and cardiac rehabilitation. However, you can only enroll for part B if you are no other medical coverage.

Medicare part C often includes all the benefits of parts A, B and D. However, the Medicare service you get will depend on your chosen Medicare advantage plan. It's important to note that an approved Medicare private insurance company administers part C. Part D covers prescription drugs. Watch the video above to learn more about Medicare Service.