Medicare Home Care Path

Medicare continues to become more complex for the beneficiary. Medicare Part A is Hospital Insurance. Home Care Path www.homecarepath.com staff provide companionship with hospital stays. Medicare Part A has deductibles. A senior could have a 1 thousand dollar deductible for a hospital stay of 60 days. Medicare Part B is Medical Insurance , which covers Doctors services and supplies. Medicare Part B has a 155.00 annual deductible. Medicare Part B has a monthly premium of 110.50. Medicare Part B has no cap on out of pocket costs after Medicare pays 80 percent of the approved expenses. So once the 155.00 Part B deductible is met medicare pays 80 percent of the total approved expenses. The senior then owes the rest of the balance. This is the reason the insurance industry can successfully market the Medicare advantage plans, Medicare supplement plans, and the Medigap plans. These are various Medicare Part C insurance plans that help the senior pay for services beyond the Medicare coverage. Medicare Part D is drug coverage. Medicare Part C Advantage Plans can include the Medicare Part D component. Medicare Part D helps seniors pay for medications. Many plans have copays on the medications. Plans can also encourage seniors to take generic medication verses brand to reduce expense. Thankfully the State Of Wisconsin has regulated plans to insure some basic consistent level of service.