Medicare provides medical care for eligible individuals who are over age 65 or who have certain disabilities under age 65 (such as someone who is blind or has kidney failure). There are two standard health insurance plans offered through Medicare: hospital and medical, also known as Part A and Part B. Each plan offers different levels of care. For example, Medicare Part A does not cover the same level of in-home care a Part B and Part B offers more coverage for preventative care.
Making Medicare Coverage Choices
Medicare is a complicated structure of coverage and eligibility. Some participants automatically qualify and others must apply for coverage. Each year Medicare participants have a limited opportunity to make changes to their plans based on their health needs and their financial circumstances. Starting in 2011, Medicare participants will be able to make changes to their plans and coverage from October 15, 2011 to December 7, 2011 to begin in January 2012.
Help from an Elder Law Attorney
Medicare coverage may not be enough to cover medical expenses. Before you purchase more insurance or supplemental insurance, contact Elder Law Attorney Elga Goodman to create a strategic financial plan which incorporates your insurance choices for long term care. Contact us today at 973-841-5111.
Posted in: Elder Law