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How to Know if you Eligible for Medicare

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. 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. In this article you are going to learn about Medicare and what you need to qualify for it.

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 helps in covering medical bills for the duration you stay in a hospital raking up costs. 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.

There is Medicare part C also known as Medicare Advantage and unlike the first two, t is only available through private insurers and one must be enrolled in part A and part B to qualify. Medicare part D is of tremendous benefits to long-term medication users because it enables access to lower prescription costs. As you can see, Medicare is just as important as health insurance whether you will benefit from lower prescription costs or not.

Being eligible to Medicare part A means you can access the lower prescription costs in part D, however, you be receiving or be eligible for social security or railroad retirement benefits or worked for the government and has paid into Medicare payroll taxes. 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.

Another thing you should know about this type of insurance is the average costs; just like with other types of insurance, the money you will be expected to pay will be determined based on various factors before you can have access to lower prescription costs. All the four parts of Medicare require payments in different amounts monthly based on things like how long you have paid Medicare taxes and the amount of your income. This is what you should know about your Medicare eligibility.

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