What is California Medicare insurance?
Medicare supplemental insurance in California is generally the same as in other states, where it has many parts covered by Medicare and other parts that aren’t covered by Medicare.
Part A covers the hospital insurance; part B covers medical insurance; part C is the Medicare Advantage plan, which covers health care; part D is the Medicare Prescription Drug plan, which covers prescription drugs. Medicare supplemental insurance in California is split into several plans that aren’t covered by the standard California Medicare plan.
What is supplemental Medicare insurance in California?
Medicare supplemental insurance in California is generally referred to as a set of numerous standardized Medigap policies. A standardized policy offers the same benefits as other Medicare packages, no matter what supplemental health company is used. These Medigap policies are sold from only three methods: sponsoring groups, licensed insurance agents, and by mail.
They pay for a portion or all of Medicare’s coinsurance and deductibles; they may also cover any health care costs not covered by Medicare and any other excess charges. They also have no restriction on which providers or facilities must be used as well as what doctors or hospitals to visit.
What are the Benefits of Medigap policies?
Benefits offered by most of these Medigap plans include hospital coinsurance for days 61-90 along with two months worth of lifetime reserve days, hospice cost share, complete hospital care after the first 150 days covered by Medicare (usually up to a full year), 20% coinsurance after meeting the annual Medicare Plan B Deductible, and the first three pints of blood for each calendar year.
What is Medicare?
For those who aren’t familiar with Medicare, it may be a little difficult to appropriately answer a question like “what does Medicare cover?” Generally, anyone over 65 can count on Medicare to assist with their health care coverage. Those under 65 with a disability, Lou Gehrig’s disease, and advanced kidney failure are also eligible for Medicare.
The parts of Medicare
There are several components, or parts, to Medicare. Two of them, parts A and B, are the “original Medicare” while the others are additional parts that aren’t covered by the original Medicare. Medicare part A covers inpatient services, or medical care when a patient is checked into a hospital or is recovering in a nursing facility, short-term health care, and hospice care. Most people are enrolled and given this for free when they reach the age of 65.
Medicare part B covers outpatient services like doctor’s visits and treatment at a hospital without checking in, lab tests, medical equipment, home health visits, and a few preventive services. Although enrollment is automatic, a patient must pay a monthly fee and an annual deductible.
Medicare Advantage, also known as part C, plans are health plans that provide health care coverage and are managed by private insurance companies. Some of these Medicare plans also offer prescription drug coverage and dental or vision care. These plans may cost more and limit your doctor visits.