Part A

Coverage Includes:
– Inpatient Care in Hospitals (Semi-Private Room)
– Skilled Nursing Facility
– Hospice Care
– Home Health Care

Out-of-Pocket Expenses:
– Part A has an annual deductible of $1,364. There is no copay for a hospital stay from days 1-60. A coinsurance of $341/day applies for days 61-90 and $682/day for days 91 and beyond. If a Medicare beneficiary elects a Part C Medicare Advantage plan or a Medigap/Supplement plan, enrollees out of pocket costs will differ.

Premiums:
– If an individual has worked more than 40 quarters of their life, they will have pre-funded their Part A premium through payroll/individual taxes so no additional premium is required.

Virginia Asset Group Financial Services, is a licensed and certified representative of Medicare Advantage [HMO, PPO AND PPFS] organizations [and stand-alone prescription drug plans] with a Medicare contract. Enrollment in any plan depends on contract renewal.