What is Medicare?
Medicare is a United States federal health insurance program for people aged 65 and over, as well as for some younger people with disabilities. The program is administered by the Centers for Medicare and Medicaid Services (CMS). Medicare provides coverage for hospitalization, physician services, and Prescription drugs.
Part A of Medicare is Hospital Insurance, which covers inpatient care in hospitals and skilled nursing facilities.
Part B of Medicare is Medical Insurance, which covers physician services, outpatient care, home health care, and durable medical equipment.
Part C of Medicare is called Medicare Advantage, which allows beneficiaries to receive their benefits through private health plans.
Part D of Medicare is Prescription Drug Coverage, which helps beneficiaries pay for prescription drugs. There are also several other types of Medicare plans that provide different levels of coverage.