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What do you mean by "the same"? If you are asking, "Is the coverage about the same?" that is generally true, though as you know, the terms and the coverage of private policies vary greatly. If you are asking whether or not Medicare is a private policy rather than a government policy, the answer is, "No": Medicare is funded by Social Security taxes. Private policies, on the other hand, are paid for privately, by the subscriber or by a third party. Medicare Part A is hospital coverage, in which Social Security beneficiaries are enrolled automatically; it has no charge to the Social Security beneficiary. Part B, the voluntary coverage for physician-charges and laboratory tests, has a monthly premium charge to the beneficiary and may also entail other co-pay charges. Part C, the Medicare HMO program, now practically defunct because most Medicare HMOs went bankrupt, has no premium charge to the beneficiary but may require a co-pay. Part D is the voluntary prescription drug program, which requires a co-pay.
Some private health insurers will not issue policies to Social Security beneficiaries unless they enroll in (and pay for) Part B coverage. In those instances, Medicare is the primary payer; the private insurance is the secondary payer.
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What is a private health insurance plan?
A private health insurance plan is one that you pay for yourself and covers you and your family. It is possible to have health insurance through your employer and private insurance at the same time.
Are healthcare and Medicare the same?
No. Medicare is a public health insurance plan for those over 65 and certain disabled persons.
Is medical insurance and health insurance the same?
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What is Medicare Part C?
Medicare Advantage Plans are health plan options (like an HMO or PPO) approved by Medicare and offered by private companies. These plans are part of Medicare and are sometimes called "Part C" or "MA Plans." Medicare pays a fixed amount for your care every month to the companies offering Medicare Advantage Plans. These companies must follow rules set by Medicare. Medicare Advantage Plans provide your Medicare health coverage and usually Medicare drug coverage. They aren't supplemental insurance. For more information, see the Medicare and You 2009 book here: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf
Should private hospitals place priority in providing their services only to patients who have health insurance?
While prioritizing patients having health insurance in private hospitals, the patients not possessing the same, will be discriminated against. It's advisable that both categories should be treated equally without discrimination.
The Medicare tax is this type of tax?
The medicare insurance tax is a part of The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax for social security benefits (SSB or SSDI). All mean the same thing.
What is the difference between health insurance and health plan?
They're basically the same thing. Health insurance is an insurance plan that pays medical bills.
Can Americans get health care in Ireland if they retire there and have dual citizenship?
If they are citizens of Ireland, then they will have the same entitlements to health care as other Irish citizens. There is a free public health service and also private health service that people pay for themselves or with the help of health insurance.
What is social security and Medicare?
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.
What is the difference between health insurance and a medical plan?
They're basically the same thing. Health insurance is an insurance plan that pays medical bills.
What does fica pay for?
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax. Possible future social security benefits and some medicare insurance coverage.
Is private mortgage insurance the same as homeowners insurance?
They are not the same. Homeowner's insurance insures the property: dwelling, personal property, other structures on the property, etc. Private mortgage insurance pays the mortgage in case of the death or disability of the mortgagor.
