Everything You Should Know Concerning your Medicare Eligibility

Health insurance has come as a relief to millions of people who otherwise would not have been able to afford the thousands of dollars every time they have to see a doctor. 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. When you don’t have health insurance, you don’t enjoy the benefits like lower prescription costs that insured individuals do, leaving you stressed about thousands of dollars. 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.

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. If you are under the age of sixty-five, you may also qualify for Medicare coverage and have access to lower prescription costs but you must meet the qualifications like being eligible for social security for the last two years or you are permanently disabled among other things.

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. 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. These are the questions you ask about Medicare coverage to know if you are eligible.