Original Medicare A & B

Original Medicare A & B

 

Medicare is a federal health insurance program established by Congress in 1965. It provides health care benefits for people 65 or older, people younger than 65 who have certain disabilities, and people of any age who have permanent kidney failure. While it gives basic protection against health care costs, it won’t cover all your medical expenses or the costs of most long-term care. The Centers for Medicare and Medicaid Services (CMS) is the organization that manages Medicare. However, Social Security Administration enroll applicants into the program  and determine eligibility.

Medicare benefits are divided into two parts. Part A primarily covers inpatient hospital, skilled nursing facility care and home health care. Once enrolled in Medicare, you will receive these benefits automatically and do not pay premiums for them (you’ve already paid for them through your taxes). When you apply for Part A, you can enroll into Part B. This second part covers most doctors’ bills, as well as some medical services and supplies. and typically pays about 80% of cost