Medicare parts A and B provide complete protection or comprehensive coverage. Many Americans believe the combination offers complete protection. This isn\u2019t the case.<\/p>\n
While many people have both parts A and B of Medicare, they are making a mistake by thinking that they have complete protection. What they have is comprehensive coverage, but this is not the same thing as complete protection.<\/p>\n
If you go back a bit in history, Medicare has never covered outpatient prescription costs, with the onetime exception in 1989. Things mostly remained that way until 2003 when a new act was brought into force \u2013 the Medicare Prescription Drug Improvement and Modernization Act. All that whole mouthful means is that it expanded Medicare to include a prescription drug benefit that started in 2006.<\/p>\n
You might be wondering why the change wasn\u2019t implemented earlier. This has to do with the fact that Medicare has the right to definitively outline the care (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Medicare parts A and B provide complete protection or comprehensive coverage. Many Americans believe the combination offers complete protection. This isn\u2019t the case. While many people have both parts A and B of Medicare, they are making a mistake by…<\/span><\/p>\n