Medicare Part A 2020
The basic Medicare plan comes in two parts- Medicare Part A and Medicare Part B. While Part B covers outpatient services, part A covers the inpatient ones. It will take care of a variety of common, necessary expenses that seniors face, which is why we recommend most seniors consider Medicare Part A 2020 as a health insurance plan for them.
There are a couple of different ways that you can get Medicare Part A. You can be automatically signed up for it when you turn 65 as most people are. You can also get it by manually signing up for it, but there may be an added fee for that. Another way to obtain Part A is through Medicare Advantage. The Advantage plans are sold by private insurers instead of by Medicare, and they will provide you with coverage for parts A and B, as well as for emergency medical care and urgently needed care.
Do you need Part A of Medicare? We are going to cover what it costs here and how well it will cover you, and we hope that this information will empower you to make an informed decision.
Part A Covers Essential Medical Services
With Part A, you can be covered for inpatient care of all kinds. This would include hospital stays and skilled nursing care at approved facilities. It can also include some at-home care. Part A can cover most or all the cost of meals, medications and medical equipment that is used during your hospital stay.
The various coverage items that are part of a Medicare Part A plan will all be covered at all sorts of different medical facilities. Of course, hospitals are on that list, as are mental health facilities, critical access care hospitals, some rehab centers and even some clinical studies. If you are not sure if your plan will cover you at the facility that you are going to visit for care, then please take the time to talk to the staff there first. They will tell you if your plan is valid there or if you need to go elsewhere for coverage.
What won’t Medicare Part A cover for you? Well, if there are any private room fees, you can expect to have to pay for those on your own. Unless a private room is considered to be medically necessary by your doctor, then you will have to pay for it on your own.
There are various home health services that are covered under Medicare Part A. These are pathology services, speech therapy, physical therapy, occupational therapy, social services that are medically related, part-time aide services and some durable medical equipment.
The Cost of Part A
Medicare Part A comes with a few different costs for you to pay. It has a monthly premium that is required, and how much that costs will depend on a few different factors. Be sure to talk to either one of us or a Medicare agent to find out how much you can expect to pay for Medicare Part A. The premium is negated completely if you have worked at least 10 years and been paying Medicare taxes in that time.
The deductible is an annual expense, and it will cost you over $1,000, but you can have it covered by a Medicare Supplement plan. This is also known as a Medigap plan, and it will cover you for a variety of medical expenses. The cost of Medicare Part A 2020 can be greatly reduced with a supplementary plan such as this. The Supplement could also take care of your copayments and coinsurance costs.
Part A has set costs that are decided by Medicare. It is only sold by Medicare, so no private insurers can decide the cost of this coverage plan. What this means is that the price is quite stable, and you can expect it to be the same no matter where you live. Your plan is valid in most areas of the country, but you have the right to request a full breakdown of what will be covered and what you are responsible for paying at any medical facility before you agree to the treatment.
How Do You Get Part A?
In order to sign up for Part A, you have to be 65 years old, in most cases. This is a plan that is meant for the senior population, so you have to have a qualifying medical condition if you want to sign up before you turn 65.
A lot of times, you will be automatically signed up for Part A without even having to request it. If you get a Medicare Advantage plan, though, then that plan will replace your Part A coverage and offer all the same coverage, except for hospice care. That hospice care cover will still be provided through Medicare Part A.
You will also need to be a US citizen to receive Part A coverage. You can become eligible as a permanent resident, but you will need to be in the county for five consecutive years first.
If you were not automatically enrolled in Part A and you choose not to sign up when you first became eligible, then you will have to pay a late fee for enrolment later on. The longer you wait to sign up, the more you will have to pay when you eventually do choose to apply for Part A.
If you have any questions about Medicare Part A or any other kind of healthcare plan, then please let us know. We can help you figure out what will work best for you and what kind of plans you are eligible for. Our team has been working with medical insurance for years now, and we know how to help you get suitable coverage. Be sure to use our site to check prices on Supplement plans and other medical insurance that might complement your Medicare Part A 2020 policy.