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We are now servicing Arizona, Colorado, New Mexico, and Texas! Open Enrollment!
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Coverage: Medicare Part A mainly provides coverage for inpatient hospital care. This includes medical care you receive while admitted to a hospital, as well as care in a skilled nursing facility, hospice care, and certain home health services.
Cost: Most people don’t pay a monthly premium for Medicare Part A because they or their spouse paid Medicare taxes during their working years. However, if you haven’t met the required Medicare tax payments, you might have to pay a premium. There are also deductibles and coinsurance costs associated with Part A services.
Deductible: Medicare Part A requires you to meet a deductible for inpatient hospital stays. After you meet this deductible, Medicare covers the full cost of your hospital stay for up to 60 days, with no daily coinsurance fees.
Coinsurance: If your hospital stay extends beyond 60 days, you will be responsible for a daily coinsurance fee starting on day 61.
Enrollment: For most people, enrollment in Medicare Part A is automatic when they turn 65, especially if they are already receiving Social Security benefits. If you’re not automatically enrolled, you must sign up during your Initial Enrollment Period, which starts three months before your 65th birthday and ends three months after.
If you’re eligible for Medicare, you can also apply for a Medicare Advantage plan. However, you must be enrolled in both Medicare Part A and Part B before you can purchase a Medicare Advantage plan, and it’s important to know that you cannot drop Part B once you have an Advantage plan; doing so will result in losing your Advantage coverage.
Eligibility Criteria for Medicare Advantage Plans: Apply for medicare part d
By meeting these requirements, you can access a range of Medicare Advantage plans and their benefits.
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