Medicare: 2 Facts Most People Don't Know

​If you get closer to retiring and consider how you can afford to pay all your expenditures, it is best to have quality health care. The idea of being able to provide yourself with what you need is crucial these days. 

This idea is now a reality, especially as you are getting older. Many retirees and elders do not easily consider health care plans like Medicare. Those who have one understand its value to cover their health care needs.

2 Crucial Facts Most People Do Not Know About Medicare

1. It only covers 80% of eligible medical expenditures
Although you have paid into Medicare for a long time, it still may not cover your 100% medical bills. You need to be part of a 20% coinsurance, which is quite costly if you deal with a medical emergency.

You can find and choose from available Medicare Supplements to help. With the right supplement, it may shoulder your 20% coinsurance.

2. Medicare coverage does not include vision, dental, or hearing
Another important fact about Medicare is that you need to know before you decide. If you read the guidelines, the coverage does not include the following:

• Dental procedures
• Dental care
• Dental supplies
• Dentures
• Tooth extractions
• Dental plates
• Other dental devices

Under Medicare Part A (hospital insurance), it may shoulder a few dental services if you are in the hospital. If you have a complicated dental procedure or emergency, Medicare Part A may shoulder the cost. 

Even if your dental care is not covered, Part A may offer financial assistance. 

Medicare may pay for your diagnostic hearing and balance examinations. To make this possible, your doctor must order your need for medical treatment. You also need to understand that your coverage does not include the following:

• Hearing examinations
• Hearing aids
• Examinations to fit your hearing aids 

You may pay for the 100% cost of hearing aids and examinations. Regarding your eye care needs, Medicare does not cover contact lenses, eyeglasses, or regular eye examinations.

Conclusion
You can apply for Medicare if you qualify as a US permanent resident or senior resident. Learning about its benefits, programs, facts, and coverages can help you decide better.  
  
At Arnold, Bruce & Doerfler Insurance, we put our clients first by offering them policies that they can afford. Insurance is a necessity nowadays, and we're here to help you. Learn more about our products and services by calling our agency at (503) 222-1951. You can also request a free quote by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!