Question By: Medicare is a federally administered health insurance program typically for people that are 65 or older, people with disabilities, however, there may be other circumstances that qualify you for coverage. Medicare is a different program than Medicaid, which offers health and other services to eligible low-income people of all ages.
Benefits of Medicare:
If you are 65 and receiving social security retirement benefits or Railroad Retirement benefits, you will be automatically enrolled in both Medicare Part A and Part B.
Medicare Part A (hospital insurance) covers hospital charges and most of the services you receive when you are in the hospital, but it does not cover the fees charged by doctors who participate in your care while you are in the hospital.
Medicare Part B (medical insurance) covers doctor visits and most routine and emergency medical services. It also covers some preventive care, like flu shots. Medicare Part B shares some costs with you when you see the doctor or use other medical services.
Other parts of Medicare are run by private insurance companies that follow rules set by Medicare.
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Supplemental (Medigap) policies help pay Medicare out-of-pocket copayments, coinsurance, and deductible expenses.
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Medicare Advantage Plan (Part C) includes all benefits and services covered under Part A and Part B, prescription drugs, and additional benefits such as vision, hearing, and dental.
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Medicare Part D helps cover the cost of prescription drugs.
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