In the United States, the federal government provides eligible people with medical insurance coverage through the Medicare program. Eligible people are:
- Over 65 years old
- A person with various disabilities, even if they are under 65 years old
- Diagnosed with permanent kidney failure, End-Stage Renal Disease
Original Medicare Insurance in Milwaukee WI
Medicare services are broken down into different types of coverage. Original Medicare coverage begins with two parts:
- Part A, which is often called Hospital Insurance
- Part B, which is often called simply Medical Insurance
When you have Original Medicare coverage, when you go to see a healthcare provider, you pay a portion of the value. At the start of every year, you begin paying an annual deductible, and most often, this is 20% of the bill. Then, when you get a Medicare-approved service where the bill is $100, the part you pay is just $20.
Your Original Medicare coverage will pay many of the bills for covered health supplies and services, but it doesn’t pay for every type of medical expense.
Medicare in Milwaukee, WI – Part A
Medicare – Part (A) pays for your hospital stays, care within a skilled nursing facility, in hospice care, and some in-home health care requirements.
Most people do not need to pay premiums for Medicare – Part (A) insurance coverage. If your spouse or you paid into Medicare while working, you shouldn’t pay any premiums for Part A once you are eligible.
But if you never paid into Medicare, you will need to purchase coverage for Part A.
If you paid into Medicare for less than about 7 ½ years, your premiums would be $506 for 2023.
If you paid into Medicare for between 7 ½ and 9 ¾ years, you would have a lower premium of $278 for that same Part A coverage in 2023.
These amounts will likely increase annually.
Medicare in Milwaukee, WI – Part B
Medicare Part B covers more general services when you see your doctor, have outpatient hospital care, need some medical supplies, or use preventive services.
Medicare Part D covers Prescription Drugs
Also, you can carry Medicare Part D insurance coverage for some help in covering the price of many prescription drugs.
Additional Medicare Supplemental medical insurance coverage may help you with any remaining expenses.
We can provide expert advice about Milwaukee, WI, Medicare Insurance Plans so you have financial peace of mind to take care of your health. Medicare Plans offer financial assistance when you are eligible, so contact us when your 65th birthday is near, or your doctor gives you a diagnosis of any disabling condition.