TeachMeFinance.com - explain Original Medicare Plan
Original Medicare Plan The term 'Original Medicare Plan ' as it applies to the area of Medicare in the United States can be defined as ' A pay-per-visit health plan that lets you go to any doctor, hospital, or other health care supplier who accepts Medicare and is accepting new Medicare patients. You must pay the deductible. Medicare pays its share of the Medicare-approved amount, and you pay your share (coinsurance). In some cases you may be charged more than the Medicare-approved amount. The Original Medicare Plan has two parts: Part A (Hospital Insurance) and Part B (Medical Insurance)'.
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