An Explanation of Medicare

By Disability Group

Medicare is a large insurance program that is funded by the federal government. How does it work and who gets it? This is what has confused millions of Americans who cannot seem to get insurance coverage, or have a plan with limited coverage. Medicare is the health care plan for those who are over the age of 65, regardless of income.

When taxes are deducted from your payroll a portion of that does go to pay for Medicare. Medicare and Medicaid are not the same and it’s important that those who apply understand this. Medicaid is a state program that applies to people with limited income and limited resources to cover medical costs.

Medicare is medical coverage for the elderly, so the recipients must be over the age of 65. Medicare is made up of four parts which include: Part A, or what covers hospital care for those on Medicare; Part B, which is coverage for doctor’s visits as well as some medical supplies; Part C, which enables those under Part A to choose what they want coverage for, and Part D which provides coverage for prescription medications.

Medicare is a fee-for-service program. This program enables those under the plan to go to any hospital or doctor they would like within the country. Those who get Medicare can choose to receive it through a private health care plan, but these plans will have different types of coverage and costs.

Those who do receive Medicare insurance will receive their card directly from Medicare. The insurance card can be taken to doctor appointments and use it to purchase their prescription medications. This is when recipients are most grateful because medical costs are expensive and Social Security Administration alone may not be sufficient enough to cover all expenses.

No matter what your income level, you can get Medicare. Don’t let time pass you by before you decide to learn about what is involved, and how it can help you and your loved ones get covered for your healthcare needs.