What is Covered Under Medicare Part A?
Generally, Medicare Part A covers inpatient hospital care, skilled nursing facility care, skilled nursing facility inpatient care, hospice care, and home health care. However, there are restrictions on what Medicare Part A will pay. Conditions, restrictions, and more information can be found on the Medicare website.
Does Medicare Part A Cover Nursing Homes?
Medicare Part A doesn’t cover nursing home care that is strictly custodial care. Custodial care involves assistance with activities of daily living, including bathing, dressing, and eating. Medicare considers skilled nursing facility care to be care that is “medically necessary” for the patient to receive. Assuming conditions are met, Medicare may cover part of skilled nursing facility care.
Do I Have to Pay for Medicare Part A?
Most people obtain Medicare Part A for free. To be eligible for free Medicare Part A at age 65, you must be eligible to receive Social Security retirement benefits or Railroad Retirement Board benefits or you or your spouse must have had Medicare-covered government employment.
If you are under 65, you may receive free Medicare Part A if you received Social Security disability benefits or Railroad Retirement Board disability benefits for 24 months or you have End-Stage Renal Disease and meet specific requirements. For more information, please see the Medicare website.
I Don’t Qualify for free Medicare Part A. Can I Purchase It?
If you do not qualify for free Medicare Part A, you may be able to purchase it. If you are over 65 years old, you may purchase Medicare Part A if you purchase Part B and meet citizenship and residency requirements.
If you are under 65, you may only purchase Medicare Part A if you are disabled and your free Part A coverage ended because you went back to work.
How Does Medicare Fit into My Retirement Plan?
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For more information, please visit the Medicare website.
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