what is one example of a government insurance program and wh

by huggs2holidae » Mon Oct 11, 2010 04:19 pm

insurance programs

Total Comments: 5

Posted: Mon Oct 11, 2010 08:52 pm Post Subject:

Medicare Parts A & B . . . mostly persons age 65 and over receive some benefits when it comes to hospital and doctor expenses.

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Posted: Tue Oct 12, 2010 02:06 am Post Subject:

But i believe it requires lots of documentation and time for any body to become eligible for them?

Posted: Tue Oct 12, 2010 07:46 am Post Subject:

Medicare is quite beneficial for everyone. Be it Medicare or not, you'll always need to share your health conditions with your carrier during underwriting. If you're gonna hide anything, you might lose coverage in the end.

Posted: Tue Oct 12, 2010 02:20 pm Post Subject:

But i believe it requires lots of documentation and time for any body to become eligible for them?



To qualify for Medicare at age 65 requires nothing other than proof of one's age. To receive Medicare Part A "premium-free" at that age, one only needs to be "fully insured" (to have accumulated the necessary 40 credits). No documentation needed, unless Social Security Administration's records are faulty.

There is no "underwriting" for Medicare, so disclosures are, essentially, unnecessary. Claims are either covered or they are not -- on the basis of "medical necessity".

Other "government" (social) insurance programs may require different "documentation", but generally, those requirements are nominal. Only Social Security Disability truly has "onerous" qualifications to be approved for benefits.

Posted: Wed Oct 13, 2010 01:09 am Post Subject:

Thats nice to know and i believe these government insurance policies are not expensive and extremely beneficial to those with lower income. isn't it?

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