Medicare

Medicare is a federal health insurance program in the United States primarily designed for individuals aged 65 and older, although it also covers certain younger people with disabilities or specific medical conditions, such as end-stage renal disease or amyotrophic lateral sclerosis (ALS). Established in 1965, Medicare is composed of different parts: Part A provides hospital insurance, covering inpatient hospital stays, care in skilled nursing facilities, hospice, and some home health care; Part B offers medical insurance, which covers outpatient care, preventive services, and some medical supplies; Part C, also known as Medicare Advantage, allows beneficiaries to receive their benefits through private insurance companies that contract with Medicare; and Part D provides prescription drug coverage. Medicare plays a crucial role in helping beneficiaries manage healthcare costs and access necessary medical services.