Term
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Definition
| What you must pay for a medical service or prescription drug. It is a percentage of the cost of that service or drug |
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Term
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Definition
| Money that you need to pay for medical care before your Medicare coverage kicks in. Once you have paid the deductible, Medicare starts to cover some of your costs. |
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Term
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Definition
| Short-term medical care that Medicare provides at home while you recover from an injury or illness. It includes part-time or occasional skilled nursing care, some equipment, supplies, and other services |
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Term
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Definition
| ngoing help with personal and health care, which might be provided by a nursing home or assisted living facility. Medicare does not cover this kind of care. |
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Term
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Definition
| A federal and state program separate from Medicare that helps pay medical costs for people with low incomes and limited assets. |
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Term
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Definition
| An alternative to Medicare Parts A and B, in which a private company provides your health care coverage. |
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Term
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Definition
| Medicare insurance that pays for stays in the hospital and skilled nursing facilities, along with hospice care, and some home health care. |
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Term
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Definition
| Medicare insurance that pays for doctor's visits, laboratory tests, medical equipment, and some other medical services. |
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Term
| Health Maintenance Organization (HMO) |
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Definition
| A type of Medicare Advantage plan that requires you to choose a primary care physician from a network of approved healthcare providers. If you need to see a specialist, you must have a referral from your primary care physician. |
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Term
| Medical Savings Account (MSA) plan |
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Definition
| An insurance plan for people with Medicare that combines a high deductible health plan and a bank account. |
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Term
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Definition
| Also known as "traditional Medicare." A government-sponsored Medicare plan administered by the Centers for Medicare & Medicaid Services (CMS). |
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Term
| Preferred Provider Organization (PPO) |
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Definition
| A type of Medicare Advantage plan that allows you to see in-network or out-of-network doctors and other healthcare providers - but you save money by using providers who are in the plan's network. |
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