Rep. Joe Courtney
A bill introduced in Congress on Monday would count all time that Medicare beneficiaries spend under hospital "observation" status toward the three-day inpatient requirement necessary to receive Medicare coverage for nursing home care.
Many recent articles are warning about the future healthcare costs that retirees face, despite having Medicare for their primary health insurance. Medicare does leave 20% of many medical related costs to the Medicare recipient, in addition to a hefty copayment for hospital admission and more. Fortunately, Medicare supplements or Medicare Advantage insurance policies cover the majority of these out of pocket expenses.