Health coverage isn’t cheap here in the US, especially when you suffer from a serious medical condition. That why the US government provides the Medicare Grant program to help especially vulnerable individuals cover the costs of medical treatments without footing the enormous bill that follows. In fact, in 2007 Medicare provided health care coverage for 43 million Americans, making it the largest single health care payer in the nation.
Medicare is a federally governed grant program that not everyone is eligible for. Unlike Medicaid which is for low income individuals, to be eligible for the Medicare grants you must be 65 years or older, disabled, or someone with kidney failure or long-term kidney disease.
But Medicare does not cover everything, and it does not pay the total cost of services or supplies that are covered. There are different levels of grant aid provided to Medicare beneficiaries. Coverage is determined based on each unique case and is broken up into 4 areas. The amount of coverage you receive is also based on which area(s) your coverage lies, and of course on medical necessity.
The 4 areas of Medicare Grant coverage is known as Part A, Part B, Part C, and Part D. Medicare Part A typically pays for your inpatient hospital expenses; Medicare Part B covers your outpatient health care expenses such as physician and nursing services, x-rays, laboratory and diagnostic tests, influenza and pneumonia vaccinations, blood transfusions, renal dialysis, outpatient hospital procedures and much more.
More recently Parts C and D were added. Part C is a combination of Part A or B with a little bit extra. In this coverage Medicare pays the grant money to a private health plan of your choice a set amount, every month for each member. Members typically also pay a monthly premium in addition to cover items not covered by traditional Medicare (Parts A & B), such as prescription drugs, dental care, and vision care and gym or health club memberships.
Part D is the most recent addition put into place in 2006. Anyone with Part A or B is eligible for Part D. This grant coverage has your traditional coverage plus an added prescription drug plan as well. This is not standardized so there is definitely some flexibility in the type of prescription drug coverage you want.
Regardless of the coverage you choose the Medicare Grant Programs provides a great service. If you think you are eligible to receive this grant money do not hesitate to apply. Don’t let your medical bills run your life; start collecting your grant money now.
