Learn more about eligibility requirements and coverage specifications of Original Medicare, including how it differs from private Medicare options.
August 17, 2023 • 8 min read • Written by Anna Porretta Back Summary: Original Medicare is made up by Medicare Part A and Medicare Part B. Original Medicare is managed by the federal government and provides Medicare eligible individuals with coverage and access to doctors, hospitals, or ...
add prescription drug coverage through Medicare Part D and then buy a supplement plan. The supplement plans help cover original Medicare gaps, such as deductibles, copayments and coinsurance. For example, original Medicare pays 80% of services covered under Part B; Medigap insurance usually...
Expanded coverage options:It often surprises people thatOriginal Medicare may not pay for everything you need.Common items and services that many people need as they get older, i.e., corrective lenses, dentures, hearing aids, andlong-term nursing home care, are not covered. Medicare Advantage ...
Under the Medicaid Drug Rebate Program, brand-name drug manufacturers provide discounts in exchange for guaranteed coverage, including a minimum rebate of at least 23.1% plus additional rebates if a drug's price increases faster than infla-tion. Because manufacturers often increase prices faster than...