The complicated world of Medicare can quickly be explained in simple ways as follows:
Medicare PART-A: This is the hospital portion of the plan, and it pays for the following
• Inpatient hospital care
• Hospice care
• Some skilled nursing care
• Home health care
Before we go any further, you also need to learn what “benefit period” is: Benefit period refers to the number of days you receive care in a hospital or skilled nursing facility. Medicare uses this count to determine the amount it will pay per a benefit period. Three factors determine your benefit period:
1. The length of stay in skilled nursing facility
2. The length of your stay in hospital
3. The length of release before you return to a skilled facility or a hospital
Your benefit period begins the day you are accepted to a hospital and continues as long as you: (1) Stay in a hospital (2) Transfer to a Medicare approved skilled care facility within 30 days of your stay. And it ends if you don’t receive hospital or skilled nursing care for consecutive 60 days whenever you leave hospital or skilled nursing home care. Continue reading ‘What Does Medicare Part-A And Part-B Pay For?’ »