Things To Consider When Integrating Your Home Health Care With Medicare

Medicare can be confusing when combine with other health problems. While the insurance maze can be difficult to navigate, an estimated 57 million people received this program in past years, which is more than a sixth of the nation’s population.

Below are a brief overview and some answers to some commonly asked questions regarding Medicare and home health care.

  1. Who qualifies?

Medicare is a national health insurance program provided by the U.S. government for those who are:

– Above 65 years

– Below 65 with certain disabilities

– Diagnosed with End Stage Renal Disease (ESRD), a form of permanent kidney failure requiring dialysis or a kidney transplant

  1. What types of services does Medicare cover?

This healthcare program has four different coverage sections which are Part A, B, C, and D. “Original Medicare” consists of Part A & B, while Part C is known as “Medicare Advantage Plan”. These four parts are summarized briefly:

– Medicare Part A: Hospital Insurance

* Part A covers care while in the hospital as well as health care in skilled nursing facilities, home health care, and hospice.

– Medicare Part B: Medical Insurance

* This covers doctor’s visits. Additionally, Part B covers hospital outpatient care, durable medical equipment (like intravenous infusion devices), and home health care services.

– Medicare Part C: Medicare Advantage

* This combines health plan options you purchase from other private insurance companies approved by Medicare. It also assimilates Medicare Prescription drug coverage (Part D) and can be tailored to include extra benefits at an extra cost.

 

– Medicare Part D: Medicare Prescription Drug Coverage

* This covers the prescription of Medicare-approved prescription drugs and can lower the cost of other medications. Similar to Part C, Medicare-approved private insurance companies also run Part D.

  1. Why do I need to select between Medicare plans?

The selection of “Original Medicare” (Parts A & B) requires monthly premiums payment for part B and may necessitate additional coverage to pay deductibles and coinsurance to see physicians, hospitals, and other providers who accept Medicare. If you require Prescription drug coverage, you must pay a monthly premium to join the Medicare Prescription Drug Plan (Part D).

The “Medicare Advantage Plan” also requires the monthly premiums payment in addition to the Part B premium & a copayment for in-plan doctors, hospitals. If recommendation medications are not covered by the supplemental coverage, you have the option of combining the Medicare Prescription Drug Plan (Part D).

As with prescription medications, you can purchase supplemental coverage to cover services not covered by Medicare. The “Original Medicare” plan allows for the option of buying Medicare Supplemental plans (Medigap), while the “Medicare Advantage Plan” does not.

 

 

 

 

Why choose Mutual Of Omaha Over Others

Mutual of Omaha has been around the Insurance and Business Products scene for over 50 years and have a wide experience in providing quality services to its customers. Who would not want to work with one of the biggest players of its niche in the market? Their plans are tailored to keep their values of commitment and flexibility throughout.

 

There are numerous reasons why a potential customer must choose Omaha  and they are as follows:

 

1) Variety of options: Mutual of Omaha provides a wide range of options matching different individual needs and budget. The Medicare recipient may take the policy whichever suits him.

 

2) Customer Service: The service providers are easily accessible not only on weekdays but also on weekends. They provide information related to queries as well as sort the issues via calls or emails.

 

3) Discounts to households: If multiple family members of a single household are consumers of mutual of Omaha healthcare, each member is eligible for discounts on their respective Medicare policies.

 

4) Instant quote: On submitting following relevant details on their official website, interested customers they get the quote instantly specifying the prices according to the locations and Medicare plans available:

Zip Code

Date of birth

Whether the person intakes tobacco or not.

 

5) Good for companies: The companies and business units who wish to associate for the long-term basis, Mutual of Omaha is a great option.

 

6) High benefits: The benefits are considerably good. They provide worthy coverage at an affordable price. The insurance plans are fully underwritten.

 

7) Selection of Doctors: The recipient may choose the doctor of choice. Also, many doctors link as the payment are quick.

 

8) Convenience: The customer care is available for 24*7. The transactions could be done online at own comfort of the customer. Hence its time saving and convenient.

 

9) Highly Rated: The credit ratings given to Omaha in the industry are A1 by Moody’s, A+ by A.M. Best, 93 by Comdex and AA- by Standard and Poors.

 

10) The excellence over the years: Omaha has been into Medicare business for more than 100 years, emerging as a known brand name trusted by generations.

 

11) Plans for Children: You can also buy policies for your children. Some products for children are Whole Life Direct and Children Whole Life Express.

 

12) Tax Saving: The plans they offer are eligible for tax deductible. So the plans from Omaha are advantageous for masses seeking savings while their investment and tax planning.

 

12) Free Guidance to Small Business Owners: Business plan recommendations for small business houses are free of cost.

 

13) Brand Recognition: Omaha was founded in 1909, which has built strong goodwill and superior brand recognition in the market.

 

14) Customer Responsibility: Omaha is trusted for fulfilling its responsibility towards customers rather than Wallstreet.

 

15) Personalized for each policyholder: The online quotes are given exclusively from a range of specifically designed plans personalized as per the protection need of the policyholders that too at budgetary level.

 

On the whole Mutual of Omaha medicare supplement plan G is a great product for people who are looking for reliable services and secured financial products.