Original Medicare provides a fundamental basis for many seniors in terms of healthcare coverage. Regrettably, it does not include everything. Medicare beneficiaries who only elect Original Medicare may face surprisingly high out of pocket expenses for uncovered services. The good news is there are ways to avoid it. Follow along for tips and strategies to expand your benefits and avoid high out of pocket medical expenses.
Original Medicare’s Average Costs and Coverage
Original Medicare is divided into two coverage areas, referred to as the separate Parts of Medicare. Hospital and long-term care costs, such as skilled nursing facilities and hospice care, are covered by Medicare Part A. Physician visits, outpatient treatments, and preventative therapies are all covered under Medicare Part B. Part A and Part B are both included in original Medicare.
Despite having both aspects of coverage, Medicare participants are nonetheless liable for some of their coverage costs.