Definition of Medicare:
A government run and funded plan for paying hospital and other health care costs for those who qualify. These people are usually older than 65. Coverage is divided into Part A, which provides the compulsory hospital benefits, Part B, a voluntary program that covers medical expenses, Part C, which provides the option to choose from a package of health care plans, and Part D, which offers prescription drug coverage.
Medicare is a national healthcare program funded by the U.S. federal government. Congress created the program as part of the Social Security Act in 1965 to give coverage to people over the age of 65 who didn't have any health insurance.
Medicare is a U.S. federal government health insurance program that subsidizes healthcare services. The plan covers people over age 65, younger people who meet specific eligibility criteria, and individuals with certain diseases. Medicare is divided into different plans that cover a variety of healthcare situations—some of which come at a cost to the insured person. While this allows the program to offer consumers more choice in terms of costs and coverage, it also introduces complexity for those seeking to sign up.
A federal system of health insurance for people over 65 years of age and for certain younger people with disabilities.
How to use Medicare in a sentence?
- How did Medicare, the federal health insurance program for the elderly, respond?.
- Medicare is divided into four categories: Medicare Part A, Part B, Part C or Medicare Advantage, and Medicare Part D for prescriptions.
- Medicare is a national program that subsidizes healthcare services for anyone over 65, younger people with specific eligibility criteria, and people with certain diseases.
- Patients are responsible for paying premiums for other parts of the Medicare program.
- Medicare Part A premiums are free for those who made Medicare contributions for 10 or more years through their payroll taxes.
Meaning of Medicare & Medicare Definition