What is Original Medicare Assignment?

Original Medicare provides basic medical care for seniors: it covers Part A (hospital insurance) and Part B (medical insurance). For most seniors, Part A is included without a monthly fee because they paid Medicare taxes during their working years. Medicare Part B, on the other hand, does come with a monthly fee. In 2020, the monthly fee is $144.60 or higher, depending on your income. If you are signed up for social security, the part B premium will be automatically deducted from your Social Security check. There are some out of pocket expenses associated with Medicare, such as deductibles and co-pays. The fees and any out of pocket expenses are used to compensate the hospitals and medical professionals who provide health care to Medicare recipients.


What is Original Medicare assignment?


In Original Medicare, assignment means a physician or other health care provider, hospital, or medical product supplier has accepted the Medicare-approved amount as full payment for services. Ideally, people on Medicare insurance will receive their medical care and supplies from a health care provider or supplier who accepts assignment because it can reduce out-of-pocket costs. The good news is that most health care providers and suppliers accept assignment.


To get the most benefit from Original Medicare assignment, keep the following things in mind:


• Even though most doctors and suppliers accept assignment, it’s important to double check before receiving treatment. This is especially important before a big procedure such as a hip replacement. Our Medicare agents are always here to help you double check whether your treatment will be covered at Medicare rates and/or to find health care providers who accept assignment in your area.


• If a health care provider or medical supplier has a participation agreement with Medicare, they are obligated to accept assignment when they provide services covered by Medicare.


• Once you have chosen a health care provider or supplier who accepts assignment, you will only need to pay the Medicare deductible or coinsurance for the service you are receiving. The service(s) will then be billed to Medicare