Medicare Part A helps to pay for hospital expenses. Most Medicare beneficiaries do not pay anything for Part A. As long as you’ve worked 40 quarter in the U.S. in your lifetime, Part A will cost you nothing. It is considered “paid up” because you paid taxes during your working years toward this coverage.
Benefits Under Part A
Part A coverage includes inpatient hospital coverage and skilled nursing facility coverage after a hospital stay. Medicare Part A also helps cover hospice care, home health care and the first three pints of blood each year.
Although Part A provides hospital coverage, be aware that some things which happen in a hospital, such as surgeries, will fall under Part B.
You will pay a share of your Medicare Part A services.
Your Share of Medicare Part A Expenses
- Part A deductible ($1316)
- Daily copay for days 61 – 90 ($329/day)
- Daily copay for days 91 – 150 ($658/day)
- All costs for any days beyond the 150th day
Filling the Gaps in Part A
Without Medicare supplemental insurance coverage, your hospital costs alone could be more than $30,000 if you had a hospital stay of 150 days. That wouldn’t even include the bills you would be incurring for services performed in the hospital, like surgeries or CT scans. Those fall under Medicare Part B and are only covered 80%.
Texas Medicare supplement insurance can help to protect yourself against financial exposure for the things Medicare doesn’t pay.
For assistance choosing a suitable Medicare insurance plan for yourself or a loved one, call us or to request help with Medigap.