Welcome to Lawshelf’s video course on Medicare. Most retired Americans are eligible for this government-subsidized health insurance program that is primarily for the benefit of people 65 and older, but many recipients don’t understand the complex set of rules under which it is administered. This course will demystify the Medicare rules for you and can help you understand the system, whether Medicare knowledge is needed for your job or you simply are interested in understanding the system for the benefit of your parents, relatives of selves.
This is an introductory-level course and no prior knowledge of law or healthcare is required. This course breaks things down to the level that should be understandable to anyone.
Original Medicare, passed in the 1960’s as part of the “Great Society,” consisted of insurance for hospitalization and services from doctors or medical professionals. These components of Medicare, Parts A and B, still comprise the heart of Medicare, though their rules have changed in some ways over the intervening decades. Medicare Part C, which was added in the 1990’s, partially privatized Medicare by allowing it to be administered under Medicare Advantage Plans issued by private companies, wherein people could purchase Medicare plans that are tailored to their needs, usually at the cost of slightly higher premiums. Medicare Part D was introduced in 2003 to cover prescription drugs under Medicare, which were not covered under original Medicare.
This course looks at Medicare eligibility, enrollment, timing, coverage, benefits and more. We will look at premiums, co-pays and coinsurance that are the responsibilities of the patients as well. We have designed the course to be as practical as possible so that a small investment of time can equip you with a broad understanding of Medicare and how it works.
We will also cover supplemental insurance and Medigap policies, and the relationship between Medicare and other government programs such as Medicaid and “extra help,” which provide relief for indigent Medicare recipients.
Best of luck and we welcome your feedback.