Health Insurance Company In India

Tuesday, January 26, 2010

How does medicare coverage works?

Medicare coverage is for the “outpatient prospective payment system” to pay for the services offered or covered under the medicare plan.
Benefits of medicare system:

It provide coverage to outpatient services received in hospital or community

It reduces your out-of-pocket costs over time, thus, helps in saving money. Depending upon the services you get, your out-of-pocket costs may vary with time.

It determines how much you pay and how much your medicare pays for outpatient services.



These medicare services, you get with health insurance plan, can be received in any of the network hospital. The extent of these services may vary with the plan, you opt for. The ratio of amount you pay and the amount paid by medicare services vary with the plan.

5 comments:

  1. The way a medicare plan works is sometimes confusing, and many insurance companies do not clarify such points probably for their own benefit. Some comapnies give clearcut instructions to those interested before they buy the policy.

    I have visited the Apollo Munich site and have read thein claim procedures, It is easy and gives you a good idea of how the whole policy works, from begining to end.

    As a user I found very thoughtfull of them to have included all small details on their website.

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  2. I also had a same experience and agree with what Rama said about Apollo Munich claim procedure.

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  3. Good services offered by Apollo Munich. their plans are also very simple.

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  4. great information... Apollo Muncih sounds promising... hope they live up to it..

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  5. the provider pays for the policy holder if they suffer from any problem... well written content...

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