What is Medicare?
Medicare is a health insurance program of the US federal government that pays the medical and hospitalization costs of certain disabled and elderly Americans. An individual has to be either 65 years old or less or disabled to be eligible for the Medicare program.
A person undergoing end stage renal disease (ESRD) treatment i.e. permanent kidney failure requiring a transplant or dialysis is also eligible for the program. It can be availed by a US citizen, a permanent legal resident staying in the US for five contiguous years. Such a person is also eligible for social security benefits for at least 10 years on contribution to the system.
Assistance to healthcare has been a major issue in the states of theUSandVermonthas been no different. Several individuals, especially seniors, are unable to pay for their insurance coverage or medical bills. Besides, the spiraling cost of medical costs had led many people to uneasy positions. Hence, the Medicare health insurance plan was developed by theUSfederal government for helping people unable to meet their healthcare expenditures.
Vermont Medicare Drug Plans
Vermont Medicare is covered under four parts from A to D. Part A is also known as hospital insurance and provides coverage for hospitalization expenses as also some follow-up drugs on release from the hospital. Part B of Medicare is medical insurance that covers some outpatient healthcare costs and also pays for doctor fees. Part C of the plan is also known as Medicare Advantage. It’s managed and administered by private insurance companies and the Medicare Managed care plans (like the HMOs that provide Medicare-coverage as well as some other services). Part D of the plan covers prescription drug plans.
Part A and B are known as the Original Medicare and Part C and D are supplementary plans. The latter two plans have to be bought separately.