Where to Begin

Understanding Medicare Coverage

Q: What will Medicare pay for?

Medicare does not cover independent living and usually doesn’t pay for assisted living expenses. However, it can cover certain expenses like short-term care in a skilled nursing facility, depending on your eligibility. Medicare’s different parts help cover specific services: Medicare Part A (Hospital Insurance) Part A covers inpatient hospital stays, care in a skilled nursing center, hospice care and some home health care. Medicare Part B (Medical Insurance) Part B covers certain doctors’ services, outpatient care, medical supplies and preventive services. Medicare Part C (Medicare Advantage Plans) This is a type of Medicare health plan offered by a private company that contracts with Medicare to provide you with all your Part A and Part B benefits. Most Medicare Advantage Plans offer prescription drug coverage too. Medicare Part D (Prescription drug coverage) Part D adds prescription drug coverage to Original Medicare, some Medicare Cost Plans, some Medicare Private-Fee-for-Service Plans and Medicare Medical Savings Account Plans. Source: Medicare.gov

Q: How can I figure out what kind of coverage I have?

Check your red, white and blue Medicare card. Check all other insurance cards that you use. Call the phone number on the cards to get more information about the coverage. Check your Medicare health or drug plan enrollment. Call 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048

Millions of Americans over 65, as well as some disabled individuals under the age of 65, are eligible to receive Medicare benefits. At times that coverage can apply to care you receive in senior living. This resource is a great first step towards understanding your coverage.

Frequently Asked Questions

What is Medicare?

Medicare is a federal healthcare insurance program available to Americans once they turn 65. Those who are disabled and under 65 may also be eligible to enroll for Medicare. Medicare coverage can cover inpatient hospital stays, care in a skilled nursing center, hospice care and some home health care.

While this can be a wonderful resource for short-term care solutions, another option may be a better fit for long-term care needs. A great way to know how Medicare can work for your individual circumstances is to speak to a specialized representative.

What will Medicare pay for?

Medicare can cover certain expenses like short-term care in a skilled nursing facility, depending on your eligibility.

Medicare’s specific services:

Medicare Part A (Hospital Insurance)
Part A covers inpatient hospital stays, care in a skilled nursing center, hospice care and some home health care.

Medicare Part B (Medical Insurance)
Part B covers certain doctors’ services, outpatient care, medical supplies and preventive services.

Medicare Part C (Medicare Advantage Plans)
This is a type of Medicare health plan offered by a private company that contracts with Medicare to provide you with Part A and Part B benefits. Majority Medicare Advantage Plans offer prescription drug coverage too.

Medicare Part D (Prescription drug coverage)
Part D adds prescription drug coverage to Original Medicare, Medicare Cost Plans, Medicare Private-Fee-for-Service Plans and Medicare Medical Savings Account Plans.

Source: Medicare.gov

How can I figure out what kind of coverage I have?

Check your red, white and blue Medicare card.
Check other insurance cards that you use. Call the phone number on the cards to get more information about the coverage.
Check your Medicare health or drug plan enrollment.
Call 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048

Learn More About Medicare Coverage

You can learn more by visiting medicare.gov or calling 1-800-MEDICARE.

Does Medicare Cover Assisted Living?

While Medicare typically focuses on medical services rather than room and board in senior living, it can still be an important resource.

Depending on your eligibility, it may help with:

Short-term skilled nursing care
Rehabilitation services
Physical or occupational therapy

These services are often available after a qualifying hospital stay. You can explore more details and see how Medicare works alongside other funding options by visiting our Medicare coverage page.

Does Medicare Cover Assisted Living?

While Medicare typically focuses on medical services rather than room and board in senior living, it can still be an important resource.

Depending on your eligibility, it may help with:

Short-term skilled nursing care
Rehabilitation services
Physical or occupational therapy

These services are often available after a qualifying hospital stay. You can explore more details and see how Medicare works alongside other funding options by visiting our Medicare coverage page.

Tips for Annual Medicare Enrollment

Healthcare needs can change quickly—you may want to make sure you have the right kind of Medicare coverage so you can be covered in the event of an emergency.

Medicare includes an annual enrollment period, which gives you the opportunity to make changes to your coverage. To get maximum coverage, you should explore and research the advantages of each type of coverage.

Where do I start?

Keep in mind that even if your short or long-term care needs remain the same, there’s a chance that your Medicare benefits may have changed. To make sure your needs are being met, here are a few more things you want to do leading up to and during the enrollment period:

Make sure your physicians and medications are still covered. Medicare policy changes can impact your current coverage.
Recalculate the cost of your medications and make necessary changes to your coverage.
Look into your long-term care plans. If there is a chance that you may require the services of a long-term medical care facility, like a skilled nursing center, you want to be sure you have adequate coverage. You may also want to explore supplemental insurance options to cover your bases.
Examine your benefits. Your insurance policy may include access to preventive health programs and counseling. Look for benefits that offer services like free wellness programs and smoking cessation programs.

_{* Information on this page is for general purposes only and is not intended to be a substitute for financial, legal, tax, accounting or other professional advice.}

Non-Government Options to Pay for Senior Living

There are still plenty of options to pay for senior living. From personal funds like retirement accounts to investments and assistance programs, you may be surprised to learn that you’re a few steps away from reaching your senior living goals.

Helpful Financial Resources