- Staff Reports 2 | GwinnettCitizen.com
So you are confused about Medicare Insurance - Here are some facts.
By Mark Fine
Your Senior Insurance
Medicare is a health Insurance program that provides benefits for people 65 and older as well as certain people affected by disabilities. It consists of the following choices:
Part A: In order to qualify for Part A, a person must have worked 40 quarters (or 10 years). Part A helps cover hospital in-patient care, skilled nursing care, home health care and Hospice. A deductible of $1,216.00 for days 1-60 in hospital was in place for 2014. Cost sharing costs (days 61-90) is $304.00 per day. Part A covers the first 20 days in a Skilled Nursing Facility (SNF). For days 21 – 100 there is cost sharing by the individual of $152.00 per day. There is also cost sharing for certain home health and hospice care.