Insurance

Taking a Medicare Supplemental Insurance

To completely understand Medicare Supplemental Insurance, one must get an idea of what actually Medicare health insurance is. Medicare is an insurance program for those who are above the age of 65. This insurance scheme is funded by the federal government. Some people who are below the age of 65 can also avail this insurance if they meet certain requirements of this policy. This includes people with Lou Gehrig’s disease, permanent kidney failure, and who are receiving social security benefits for more than 24 months. All these things are mentioned in Medicare part B options in Insurance policy.

Medicare part B covers the outpatient expenses of the insurer. This is a voluntary service scheme which the insurer may or may not choose to pay for. The outpatient coverage in part B include the expenses incurred while visiting the doctor, outpatient hospital visits, undergoing diagnostic tests, taking X-rays, using medical equipment, and also include certain mental health care costs. Your monthly income will determine the amount you have to pay for a Medicare part B scheme. Usually it is deducted from your social security check before it reaches your mailbox.

Medicare part B also covers the expenses in purchasing certain medical equipment. This may include wheel chair, oxygen tanks, walkers, neck, leg, arm, and back braces. It also covers the cost of an eyeglass after a cataract surgery. The problem is that this policy only covers those items which are directly related to the treatment of diseases. There will not be any coverage for those things like air humidifiers and safety bars which are indirectly linked to treatment procedures. It also states that, for certain equipment, only the rent is covered under the part B of the Medicare insurance.

Another great benefit of Medicare part B is that it also covers certain preventive procedures. This may include the annual or biannual test for conditions like diabetes and kidney failure. Complete physical examination will be done within six months of your enrollment into this policy. There will be cholesterol and triglyceride testing in every two years. Then there is coverage for mammograms, pap, and pelvic examination every two years.