The Four Components Of Medicare

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There are four main components to Medicare. Part A of Medicare deals with the reimbursement of institutional providers for hospital stats or services, post hospital stays, home health, and hospice benefits (Esdin 5). Part B is an elective portion that the majority of those qualified for Medicare elect to have. This portion is not free and requires 20 percent reimbursement. Those selecting part B need to pay a monthly premium for service. The benefits of Medicare Part B include physician and nursing services, diagnostic tests, radiology and pathology services, blood transfusions, medical equipment, physical, speech, and occupational therapy, and outpatient mental health services (Esdin 5). The third part of Medicare is Part C, which was established