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Generations Healthcare Network

Skilled Nursing and Rehabilitation

847-674-5200

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Contact / Frequently Asked Questions / Payment & Insurance

Payment & Insurance

FAQPaymentInfo

What is Medicare?

Medicare is a health insurance program for people 65 or older or people under 65 with certain disabilities or end-stage renal disease. Medicare does not cover all expenses and is not designed to pay for long-term custodial care. So it is important to understand the program. For patients meeting requirements, Medicare helps cover the costs for hospital stays, skilled nursing home stays up to 100 days and hospice care. Our admission team members will be happy to provide you with current rates and coverage.

 

What is Medicaid?

The Medicaid program provides medical benefits to low-income people who have no medical insurance or inadequate medical insurance. The federal government establishes general guidelines for the program, but each state establishes the program’s requirements including eligibility. You can find out more about the Medicaid program through cms.gov or by talking to our admissions team.

 

What does Medicare pay?

On day 1 through 20, Medicare pays 100% of the covered charges. A daily co-payment will apply on days 21–100.

 

What does Medicaid pay?

Services covered include room and board, nursing care, and meals. A list of supplies covered by Medicaid is available from our financial office.

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    847-674-5200

    Generations Healthcare Network
    6840 N. Lincoln Ave.
    Lincolnwood, IL 60712

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