Medicare is a government sponsored health insurance program for most people who are 65 or older. Some disabled people also qualify.
It is a two-part program. Part A provides hospital benefits for short-term illness. It also provides some benefits for care in a skilled nursing facility or at home.
Individuals 65 or older who don’t qualify for Medicare can still receive it by paying a monthly premium, which is adjusted each year.
Part B of Medicare is optional medical insurance, which is available for a small fee each month. You may have the premium automatically deducted from your Social Security benefit check, if you receive one. Part B pays most of your medical and surgical fees. It is an excellent value because it is so inexpensive.
It is a two-part program. Part A provides hospital benefits for short-term illness. It also provides some benefits for care in a skilled nursing facility or at home.
Individuals 65 or older who don’t qualify for Medicare can still receive it by paying a monthly premium, which is adjusted each year.
Part B of Medicare is optional medical insurance, which is available for a small fee each month. You may have the premium automatically deducted from your Social Security benefit check, if you receive one. Part B pays most of your medical and surgical fees. It is an excellent value because it is so inexpensive.