Long-Term Care Medicare Rules
Many people think that Medicare will cover all of their long-term care needs. This is a brief synopsis of what Medicare REALLY pays!
Facts About Medicare and Long-Term Care
|For Nursing Homes:
||THEN MEDICARE PAYS
|You must be hospitalized for three overnight stays for the condition that put you into the nursing home.
||The first 20 days at 100 percent of the Medicare-approved rate.
|You must go into a Medicare-approved facility within 30 days of the hospitalization.
||All but $144.50 a day from days 21-100. In other words, you pay for the first $144.50 a day and Medicare pays the balance.
|You must be getting doctor recommended "skilled care."
||Nothing after day 100.
|You must be getting better.
|For Home Health Care:
|You must be getting doctor approved "skilled care."
|You must use a Medicare-approved home health agency.
|You must be homebound.
Note: Part A is free. Part B is $99.90 - $319.70 per month depending on income.