Florida Medicare, this entitlement-based Federal program provides medical insurance for the aged or disabled. Although Medicare pays for expenses incurred during hospital stays, it may also assist with payments for up to 100 days in a Nursing Home – providing the individual meets certain requirements. Florida Medicare will pay the entire cost for the first 20 days, with the individual required to pay their co-payment for the remaining 80 days.
Although many people have Supplemental Health Insurance policies to cover this co-payment, Florida Medicare coverage does not necessarily remain in effect for the entire 80-day period following the first 20 days. Depending upon the individual’s medical condition, Medicare may cease payments at any time. Since it pays for a relatively short period of time, Medicare covers only 2% of Nursing Home expenses incurred within the United States.
Florida Medicare is a federal health insurance program that pays for a variety of healthcare expenses. It’s administered by the Centers for Medicare & Medicaid Services (CMS), a division of the U.S. Department of Health & Human Services (HHS). Medicare beneficiaries are typically senior citizens aged 65 and older. Adults with certain approved medical conditions (such as Lou Gehrig’s disease) or qualifying permanent disabilities may also be eligible for Medicare benefits.
Similar to Social Security, Florida Medicare is an entitlement program. Most U.S. citizens earn the right to enroll in Medicare by working and paying their taxes for a minimum required period. Even if you didn’t work long enough to be entitled to Medicare benefits, you may still be eligible to enroll, but you might have to pay more.
There are four different parts to the Florida Medicare program. Parts A and B are often referred to as Original Medicare. Medicare Part C, or Medicare Advantage, is private health insurance, while Medicare Part D offers coverage for prescription drugs. The details below tell you more about Medicare insurance plans, with an overview of the four parts.