The Beginner’s Guide to

Everything You Should Know Concerning your Medicare Eligibility

Thanks to health insurance, millions of people in the country and around the globe don’t have to stress about footing the bills of medical care out of pocket. But in as much as health insurance is important and beneficial in several ways like having access to lower prescription costs, more than twenty-eight million people in the country are not insured. Medicare helps in alleviating the concerns and stress of these individuals but only those who qualify. 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. Medicare part A, although not helpful for those who want access to lower prescription costs, it alleviates the stress by paying the medical bill when for your stay in a hospital or nursing home. Among the four parts of Medicare, part B is the one being used the most since there are people who have to see doctors regularly and have medical supplies for underlying conditions.

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. Medicare part D is of tremendous benefits to long-term medication users because it enables access to lower prescription costs. With Medicare, you can access lower prescription costs or see a doctor regularly without worrying about the costs making it a must-have if you are uninsured for one reason or another

Regarding the qualifications for Medicare, you become eligible if you are above sixty-five years are enjoying or eligible for social security or Railroad Retirement benefits, or paid into Medicare payroll taxes during your working days. 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. Like with most types of insurance, if you have higher income, you can expect to pay a higher premium for Medicare coverage although many people usually don’t have to pay premium for Medicare part A. Now you know everything there is to know about Medicare including its amazing benefits like access to lower prescription costs and eligibility.