6.docx - Unit 5 Application Assignment Medicare 1 Unit 5 Application Assignment – Medicare Medicare has different plans and each plan compensates what

6.docx - Unit 5 Application Assignment Medicare 1 Unit 5...

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Unit 5: Application Assignment - Medicare 1 Unit 5: Application Assignment – Medicare Medicare has different plans and each plan compensates what the other plans lack, instead of having one plan that covers in total the needs of an individual to live a healthy life. Due to have different plans patients are approved for different services and it is important to keep track of those details to not further costs on the patient or the facility. Medicare Medicare has definitely changed over the years and today Medicare has a total of 4 parts that you can be a part of. Part A of Medicare provides inpatient and hospital coverage nationwide, Part B of Medicare provides outpatient and medical coverage also nationwide and both these part are considered to be the “Original Medicare” since they were the first two parts created back in 1965. The next part of Medicare is Part C also known as Medicare Advantage Plan that is a plan offered by a private company that contract with Medicare. It is very specific on the services the participant will receive, the physician and even offers prescription drug coverage unlike Part A and B. The last part of Medicare is Part D, which is prescription drug coverage.
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  • Spring '14
  • Boe,GerardP.

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