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Does Medicare Cover Coronavirus Costs?


We're living through an unprecedented health crisis, and while no one can be sure they're safe, adults over 60 have more to fear from COVID-19, the disease caused by the coronavirus, than their younger counterparts. This includes over 62 million Medicare beneficiaries. Minimizing your risk of contracting the disease by following Centers for Disease Control and Prevention guidelines should be everyone's first priority, but if you believe you have it, you need to get tested and possibly quarantined at a hospital, or isolate yourself at home.

All of this raises another question: Who pays for COVID-19 testing and treatments? For Medicare recipients, the answer is, fortunately, not you. But that doesn't mean you don't have to prepare yourself for potential financial hardship if you contract the disease.

Image source: Getty Images.

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Source Fool.com


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