Term
Original Medicare enrollment is automatic enrollment for people who get, what? |
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Definition
Social security benefits, or railroad retirement benefits. |
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Term
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Definition
| Hospital/inpatient insurance |
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Term
What is the Part A hospital deductible in 2021 for days
1-60? |
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Definition
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Term
The way that Original Medicare measures your use of hospital and skilled nursing facility (SNF) services. is called a ____ ____? It begins the day someone is admitted as an inpatient in a hospital or SNF and ends when the person hasn't gotten any inpatient hospital care (or skilled care in a SNF) for 60 days in a row. |
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Definition
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Term
| Inpatient mental health care in a psychiatric hospital is limited to how many days in a lifetime? |
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Definition
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Term
| How much is the Part A late enrollment penalty (LEP)? |
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Definition
10% for twice the number of years someone was eligible to sign up but didn't.
Example: If you were eligible for Part A for 2 years but didn't sign up, you'll have to pay the higher premium for 4 years. |
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Term
| What is the Part B deductible in 2021? |
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Definition
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Term
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Definition
| Income Related Monthly Adjustment Amount (IRMAA) |
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Term
| What is the standard Part B premium? |
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Definition
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Term
| What is the Part B late enrollment penalty (LEP)? |
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Definition
| If someone didn't get Part B when they were first eligible, their monthly premium may go up 10% for each 12-month period they could've had Part B, but didn't sign up. |
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