What is Medicare?
In simple terms, Medicare is a government health care program for people ages 65 and over. However, it is also for people with certain disabilities such as MS, ALS, end-stage kidney failure and a few others.
President Franklin Roosevelt signed Social Security into law in 1935, and 60 years later, in 1965, President Lyndon B. Johnson signed a Medicare bill into law. Over the years, the coverage has evolved significantly, covering more people than in initial stages.
Medicare is the federal health insurance program for:
- People who are 65 or older
- Certain younger people with disabilities
- People with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD)
The different parts of Medicare help cover specific services:
- Part A (Hospital insurance
- Part B (Medical insurance)
- Part C (Medicare Advantage)
- Part D (Prescription drug coverage)
- Supplemental (Medigap Insurance)
Learn more about the Parts of Medicare.
Resource Center Latest Posts
Stick to Your New Year’s Resolutions
Are you someone who enjoys setting New Year’s Resolutions? You are not alone. In fact, according to Finder.com, “an estimated 188.9 million adult Americans (74.02% of the population) say they’re determined to learn something new, [...]
Save Money in 2023 With These Tips
Many of us are going to be setting New Year’s resolutions in the upcoming year. From losing weight, to quitting smoking, to saving money, we all set our sights on accomplishing big things in the [...]
Don’t Miss Out On Medicare Benefits For Another Year
You are in the final week of Open Enrollment for Medicare. From now through December 7, anyone enrolled in Medicare can make changes to their plans. Why bother with the headache of researching and changing [...]
Find a Medicare Plan You’ll be Thankful For
Every year for Thanksgiving, we fill up our plates with turkey, mashed potatoes, and cranberry sauce while gathering around the table to eat with loved ones. We talk about football, the weather, family memories, and [...]