What Part of Medicare Covers Durable Medical Equipment?
Medicare defines durable medical equipment, or DME, as reusable medical equipment that has been deemed medically necessary. Your doctor or another health care provider determines what equipment you need per Medicare guidelines. He or she assesses your health condition, what equipment can be used in your home and what equipment you are able to use.
When it comes to making Medicare coverage choices, you may be considering a Medicare supplement insurance plan, also known as a Medigap plan. A Medigap plan helps pay some of the out-of-pocket costs that Medicare Parts A & B doesn’t, such as deductibles, copayments and co-insurance.
If you’re planning to work past 65, or plan to remain on your spouse’s employer plan, you may be considering whether or not you should still enroll in Medicare. You will still have an Initial Enrollment Period when you turn 65, but depending on the health coverage you currently have, you may also be able to delay enrollment.
Medicare Part D prescription drug plans are also known as PDPs. These are standalone plans that can be purchased through private insurance companies. PDPs provide coverage for prescription drugs and medications, and may also cover some vaccines too.
Medicare eligibility begins at age 65 for most people. If you are turning 65 soon, you are next up to join the ranks of Medicare beneficiaries. Here’s what you need to know to get prepared.
Do you have a Medicare Advantage plan? If you do, then you need to know about the Medicare Advantage Open Enrollment Period. It runs from January 1 – March 31.