medicare, covid-19

Does Medicare Cover COVID-19 Related Costs?

In just one year, COVID-19 has taken the lives of 470,000 Americans. And seniors are the most susceptible to being impacted by COVID-19. Those between the ages of 65 and 74 are at 90 times the risk compared to those in the 18-29 age group. Also, seniors aged 65 and older account for 80% of COVID-19 related deaths. This ties directly into the Medicare qualifying age group.

The inclusion of Medicare’s COVID-19 treatment coverage is a testament to its commitment to adapting to a changing environment. Here, we will see how.

If you’re 65 and older, COVID-19 treatment is all but mandatory

Having Medicare is a major advantage here. Without the treatment, you can expect to have issues such as:

  • Requiring an oxygen tank or ventilator because you can’t breathe on your own
  • Losing your sense of taste and smell
  • Persisting chest and/or abdominal pain that only gets worse

The typical amount of time for this to result in death is roughly 18 and a half days.

How Medicare can provide coverage

Those without health insurance may ignore symptoms out of fear of dealing with treatment expenses. But COVID-19 is unlike any other virus because it’s still not completely understood, as it hasn’t been around long enough for medical professionals to know how this will affect people years down the road.

The good news is that the FDA has recently approved a COVID-19 vaccine, and the better news is that Medicare Part B offers full coverage for it.

What does Medicare Part B do?

Medicare Part B is mentioned here because of how it has coverage specific to COVID-19, and takes care of it in an outpatient setting. Technically, Medicare Part A covered this treatment from the beginning, but that’s because it covers inpatient treatments in general – coronavirus or otherwise.

However, Medicare Part B stands out because it’s the plan responsible for the preventive measures. And preventive care has always been a feature of Part B. Part B covers the vaccine, COVID-19 testing, and other antibody treatments. 

Watch out for scammers

Unfortunately, this unique situation has given scammers new techniques for defrauding Medicare policyholders. If you’re asked to pay for anything vaccine-related like a spot on a list, or if the person calling you “needs” your Medicare number or other personal information, do not give in. It’s a scam.

When looking for fully covered COVID-19 treatment, give us a shot

At Temmen Insurance, we aim to keep you safe during this pandemic. Luckily medicine is moving in the right direction, and with us, you can get a Medicare policy so you won’t need to pay for the vaccine. Call us today at 417-633-7200.

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