How is Medicare funded?
Payroll taxes from general fund
Part B premiums
What is Part A? What is Part B?
B= Outpatient or Medical Services
In 1960 funded by ____________?
In 2020 funded by ______________?
SNP stands for ____________?
Special Needs Premium.
Part C =
Part D =
Part A does not cover ___________?
Private rooms unless medically necessary.
Part A Day 1 - Days 60. What are the costs?
$1,340 deductible for each period.
Part A: how many quarters necessary to not pay a premium?
40 quarters or 10 years full-time.
Days 61 - 90, what are the costs?
$335 per day
Days 91 - 150 what is the cost?
$670 co-insurance per day.
Days 150 and beyond what are the costs?
Is there a MOOP?
The beneficiary bears 100% of the cost.
What causes an auto disenrollment?
If enrolled in a Medicare HMO, PPO, PFFS, no SA