You might have already heard about Medicare. It is a program that is mostly associated with health care. Medicare covers various health care costs, including Pharmaceutical Services, and pays for them, easing the financial burden of enrolled patients and their families.
What Is a Medicare Health Plan?
A private company typically offers a Medicare health plan. The company enters into an agreement with Medicare, allowing them to provide Medicare Part A and Part B benefits to enrollees. Part A covers hospital costs while Part B covers medical costs, including services from a Specialty pharmacy.
Different Types of Medicare Health Plans
Medicare health plans come in different types. These include the following:
Medicare Advantage Plans
These plans offered by private companies provide all Part A and B benefits. Individuals enrolled in any Medicare Advantage Plan can expect that most services will be covered by the plan. However, Original Medicare will not pay for the Medicare services. Prescription drug coverage is offered by most of these plans so you can easily use this at any participating Independent pharmacy.
Some of the Medicare Advantage Plans available nowadays are:
- Health Maintenance Organization (HMO) Plans
- Preferred Provider Organization (PPO) Plans
- Private Fee-For-Service (PFFS) Plans
- Special Needs Plans (SNPs)
There is a specific plan that suits best with your situation. Make sure to evaluate your situation and check every plan available so you can find the one that matches your needs.
Medicare Medical Savings Account Plans
A Medicare Medical Savings Account Plan or MSA Plan consists of two parts. It both includes a high-deductible health plan and a Medical Savings Account (MSA).
With the high-deductible health plan, the coverage will only start once you have reached a high deductible set yearly. Depending on the plan that you have, the deductible will vary.
With the MSA, you have a special kind of savings account where money will be deposited to the account. If you have not met the high deductible yet, the savings can be used to cover the health care costs such as taking advantage of the services of a Pharmacy in Huntersville, North Carolina.
- Other Plans
Other plans are also available. These include:
- Medicare Cost Plans
- Demonstrations/Pilot Programs
- Programs of All-Inclusive Care for the Elderly (PACE)
- Medication Therapy Management Programs
If you are looking for a Retail Pharmacy in North Carolina to handle your pharmaceutical needs, visit Lakeside Pharmacy today!