Health Insurance - Do I Qualify ?

Health insurance like life insurance is something that many people feel that they can’t afford or they put off because they are in good health and don’t see the need of any kind of individual or family health insurance. Of course the cost of health insurance is also one factor that keeps people from getting it.

You want to take some time to look ahead and consider, what would happened if some unforeseen event happened that would require medical care without having any coverage.
Very few people have the means to pay for medical expenses and a hospital stay without medical insurance. The first place to start looking to see if you qualify for a health insurance plan would be Medicaid.

Every state has a Medicaid program and more people can qualify for this health plan where sometimes people think that they would not be able to. You can get family health insurance through Medicaid that would include doctor visits, dental work, eye care, prescriptions and many other options. You will want to apply at your local Family Services Office.

The three main groups of people that qualify for Medicaid are families with small children. Women any age who are pregnant and for children under 18 and sometimes 21 depending on the state and individual situation.

Medicare

Medicare is a governmental program which provides medical insurance coverage for retired persons overage 65 or for others who meet certain medicalconditions, such as having a disability. Medicare was signed into legislation in 1965 as anamendment to the Social Security program and is administered by the Center for Medicare and Medicaid Services (CMS) under the Department of Human Services.

Medicare provides medical insurance coverage for over43 million Americans, many of whom would have nomedical insurance. While not perfect, the Medicare program offers these millions of people relatively lowcost basic insurance, but not much in the way ofpreventative care. For instance, Medicare does not payfor an annual physical, vision care or dental care.
Medicare is paid for through payroll tax deductions(FICA) equal to 2.9% of wages; the employee pays half and the employer pays half.

There are four "parts" to Medicare:

Part A -- hospitalcoverage,
Part B -- medical insurance,
Part C -- supplemental coverage
Part D -- prescriptioninsurance.

Parts C and D are at an added cost and arenot required. Neither Part A nor B pays 100% of medical costs; there is usually a premium, co-pay anda deductible. Some low-income people quality for Medicaid, which assists in paying part of or all ofthe out-of-pocket costs.

Because more people are retiring and become eligible for Medicare at a faster rate than people are paying into the system, it has been predicted that the systemwill run out of money by 2018. Health care costs have risen dramatically, which adds to the financial woesof Medicare and the system has bee plagued by fraud over the years. No one seems to have a viable solution to save this system that saves many people throughout the country.

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