TeachMeFinance.com - explain Lifetime Reserve Days (Medicare)
Lifetime Reserve Days (Medicare) The term 'Lifetime Reserve Days (Medicare) ' as it applies to the area of Medicare in the United States can be defined as ' Sixty days that Medicare will pay for when you are in a hospital for more than 90 days. These 60 reserve days can be used only once during your lifetime. For each lifetime reserve day, Medicare pays all covered costs except for a daily coinsurance ($406 in 2002)'.
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