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How to Know if you Eligible for Medicare

Health insurance has come as a relief to millions of people who otherwise would not have been able to afford the thousands of dollars every time they have to see a doctor. Even with many benefits that come with having health insurance, more than twenty-million Americans are uninsured, leaving them to cover medical costs by themselves. Medicare helps in alleviating the concerns and stress of these individuals but only those who qualify. If you have been struggling to understand Medicare and its edibility criteria, below is everything you need to know.

The first thing you should know about Medicare is that is a health insurance program created by the federal government with four different parts covering specific things. The first part of this health insurance is known as Medicare part A which covers the cost of hospital stays or the bills incurred in a nursing facility. If you don’t have health insurance and you have to visit a doctor regularly, you know how expensive it can be since you don’t enjoy lower prescription costs either, but Medicare part B is here to help.

Being enrolled in the first two plans of Medicare is very important because it is a requirement for qualification to Medicare Advantage or part C which does not include lower prescription costs. If you require long-term use of medication, you understand the importance of having access to lower prescription costs and Medicare part D helps with that. You now understand why it is important to qualify for Medicare if you don’t have health insurance and why you should check your eligibility.

Regarding the qualifications for Medicare, you become eligible if you are above sixty-five years are enjoying or eligible for social security or Railroad Retirement benefits, or paid into Medicare payroll taxes during your working days. If you are under the age of sixty-five, you may also qualify for Medicare coverage and have access to lower prescription costs but you must meet the qualifications like being eligible for social security for the last two years or you are permanently disabled among other things.

With the numerous benefits of this insurance comes a cost that you are expected to pay which usually vary from one person to another based on different things before you can have lower prescription costs. For those who are long-term medication users, there is a premium to be paid monthly to have access to lower prescription costs, and it is based largely on your income although there are other contributing factors too. This is what you should know about your Medicare eligibility.

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