More than 60 million Americans are covered by Medicare. That’s almost 63% of the total US population. Of the 63% registered Medicare beneficiaries, 54.1% of them are elderly and 8.5% of them have long-term disabilities.
Due to their old age and the higher likelihood of developing serious medical complications, virtually all Medicare beneficiaries are at greater risk of contracting COVID-19.
The following FAQs review the current policies for Medicare coverage and costs associated with COVID-19 testing and treatment.
Read on to learn more:
- Does Medicare cover COVID-19 tests?
Yes, COVID-19 Rapid POC in Hackensack, New Jersey, and other COVID-19 related tests are covered by Medicare Part B. This was announced by Medicare on April 30, 2020, noting that an order from a beneficiary’s treating physician is no longer required for COVID-19 testing to be covered under Medicare.
- Will Medicare cover treatment for COVID-19?
Yes, beneficiaries who get seriously ill from the COVID-19 virus are covered for inpatient hospital stays, skilled nursing facility (SNF) stays, some home health visits, and hospice care under Medicare Part A.
Medicare will also cover outpatient services, including physician visits, physician-administered and infusion drugs, emergency ambulance transportation, and emergency room visits, under Part B.
- Will Medicare cover COVID-19 vaccinations?
According to a provision in the CARES Act, vaccines that are approved by the FDA for COVID-19 will be covered by Medicare Part B with no cost-sharing for its beneficiaries for the vaccine or its administration. This applies to both beneficiaries of traditional Medicare and Medicare Advantage plans.
At Phoenix Healthcare Advisors, LLC, we care about our clients’ health and safety. If you’re in need of reliable COVID-19 Antigen Rapid Point testing in New Jersey, we’re always available to lend a hand.
We also have Antigen Test Kits in New Jersey available for purchase at our medical facility.
Contact us today to learn more.