Different Ways You Can Pay for Medicare ...

People who are enrolled in Original Medicare, or who will be eligible for Medicare benefits in the near future, might wonder how much their premium payments will be. Like other insurance policies, Medicare requires a monthly premium payment. If you worked for an employer who took out Medicare taxes from your paycheck, in most cases your Medicare Part A will be free. However, if you are required to pay for your Medicare Part A the following is how you will be expected to pay for those premiums. Medicare Part A and Part B Billing Medicare Part A: If you purchase Medicare...

Why Does Prescription Medication Cost So...

One of the most significant issues Americans face concerning their health care costs is the high cost of prescription medication. While it’s an apparent struggle for those living with life-threatening conditions, the expense of brand-name medication for even common health conditions can be daunting. For instance, the popular prescription drug Humira is used to successfully treat a broad range of health issues from rheumatoid arthritis to Crohn’s disease. Most Americans prescribed the drug paid roughly 14 billion dollars in 2015. On average, the total monthly cost of...

The Basics of Medicare DSH and the Supre...

Medicare Disproportionate Share Hospital payments, also known as Medicare DSH, are often used to offset the cost a hospital incurs when treating a patient on Medicare. These payments are government subsidies that are provided to hospitals, specifically those in more urban locations that tend to treat a lower-income population. Ideally, these government subsidies allow these hospitals to hire additional translators, social workers, and even security staff, as needed, in order to continue treating the low-income Medicare patients that tend to utilize their facilities....

Why Doesn’t Medicare Cover Hearing Aids?...

Medicare does not cover hearing aids, hearing exams or exams for fitting hearing aids. When Medicare was passed in 1965, it did not address the normal frustrations of aging; instead, it focused on, in the understanding of 53 years ago, actual diseases. Hearing loss was thought to be part of normal aging, and hearing aids produced by the technology of the time were big, ugly, and not terribly effective. Even today, with much better technology, 70% of the population with hearing loss does not use hearing aids. One reason for this, of course, is their high cost, which is not...

Does Medicare Part A Cover Outpatient Su...

For over 50 years, Medicare has been providing health insurance coverage for Americans age 65 and older. Providing approximately half of the healthcare expenses of nearly 58 million beneficiaries, Medicare is fulfilling the proposal originally introduced by President Eisenhower. Medicare is comprised of two primary coverages, Part A and Part B. Services not covered under either part are either paid for out-of-pocket or through private insurance. For example, most dental, eye, and foot care are not covered by Medicare, along with a number of other services. Whether or not...