What is Medicare?

Medicare is a federal health insurance program in the United States primarily designed for people aged 65 and older, but also covers some younger individuals with disabilities or certain medical conditions. It provides essential healthcare coverage, including hospital visits, doctor appointments, prescription drugs, and preventive services. Medicare is divided into different parts, namely Part A, which covers hospital services and is usually free; Part B, which covers medical services and requires a monthly premium; Part C, also known as Medicare Advantage, which offers additional benefits through private insurance companies; and Part D, which covers prescription drug costs. Medicare aims to ensure that individuals have access to necessary medical care and alleviate financial burdens associated with healthcare expenses.