What is Original Medicare?
Original Medicare refers to traditional Medicare health insurance coverage, which includes Medicare Part A is hospital coverage for Medicare beneficiaries. It covers inpatient care in hospitals and skilled nursing facilities. It also covers limited home healthcare services and hospice care. (hospital coverage) and Medicare Part B is medical coverage for people with Original Medicare benefits. It covers doctor visits, preventative care, tests, durable medical equipment, and supplies. Medicare Part B pays 80 percent of most medically necessary healthcare services. (medical coverage). In all, there are four Medicare parts. Medicare Part C is Medicare's private health plan option. Also known as Medicare Advantage, Medicare Part C plans are a type of Medicare health plan offered by companies that contract with Medicare to provide all... and Medicare Part D plans are an option Medicare beneficiaries can use to get prescription drug coverage. Part D plans provide cost-sharing on covered medications in four different phases: deductible, initial coverage, coverage gap, and catastrophic. Each... are private health insurance options. Medicare beneficiaries can supplement their Original Medicare coverage with a Medicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage. plan to help pay some of the A deductible is an amount a beneficiary must pay for their health care expenses before the health insurance policy begins to pay its share. and Coinsurance is a percentage of the total you are required to pay for a medical service. costs.
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