
What services does Medicare cover?
You’ve probably heard that Medicare doesn’t cover everything. But what does Medicare cover? Original Medicare – now called Medicare Part A and Medicare Part B – provides your basic hospital and medical coverage. The following are the types of services covered under Parts A and B:
Medicare Part A – Hospital insurance
This portion of your plan pays benefits for the following services:
- Inpatient hospital stays
- Inpatient skilled nursing facility care, except for custodial or long-term care
- Home health services for part-time care, including:
- Skilled nursing care
- Physical therapy
- Speech therapy
- Hospice care
Medicare Part B – Medicare insurance
This portion of your plan pays benefits for:
- Doctors’ services
- Outpatient hospital services
- Medical services and supplies
- Home health services
- Certain preventive care
What else should you know?
In order for Medicare to cover your healthcare services, your providers must meet certain requirements, such as:
- The hospital participates in the Medicare program
- Your doctor accepts Medicare assignments
- At-home and hospice providers are Medicare-approved
- Services and supplies are covered by Medicare
Remember: certain expenses will still be your responsibility:
- Monthly premiums
- Annual deductibles
- Coinsurance
- Co-payments
- Services or supplies not approved by Medicare
- Charges above the Medicare-approved amount
- Dental care
- Vision care and eyeglasses
- Long-term care
- Ongoing home healthcare
For more information, read our recent Medicare blog post or watch our Medicare Supplement video:
Read more about what Medicare Supplement insurance can do for you or talk to a Bankers Life agent to learn more.