Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Part A uses benefit period deductibles rather than calendar-year deductibles, resetting after 60 consecutive days without inpatient care. - Part B requires a monthly premium with 20% coinsurance and no maximum out-of-pocket limit under Original Medicare. - Hospital observation status counts as Part B outpatient care, which fails the three-day inpatient requirement for Part A skilled nursing facility coverage. - Original Medicare excludes routine dental, vision, hearing, custodial care, and cosmetic surgery entirely. - The memorable mnemonic A is Bed and B is Doc helps quickly distinguish inpatient hospital coverage from physician and outpatient services. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep