Medicare Boutique

Medicare is a federal health insurance program in the United States designed to provide healthcare coverage for specific groups of people. Here’s a breakdown of the key points:

• Eligibility: Primarily for people aged 65 and over, but also for younger individuals with certain disabilities and people of all ages with End-Stage Renal Disease (ESRD).
• Program Structure: Comprised of various parts (A, B, C, and D) that offer different types of coverage:
  
  • Part A (Hospital Insurance): Covers inpatient hospital stays, skilled nursing facility care, hospice care, and home health care.
  • Part B (Medical Insurance): Covers doctor visits, outpatient care, medical supplies, and preventive services (enrollment is voluntary but recommended).
  • Part C (Medicare Advantage Plans): Offered by private insurers, these plans combine Part A and B coverage, often with additional benefits.
  • Part D (Prescription Drug Coverage): Offered as a standalone plan, helps cover the cost of prescription medications.
• Benefits: Provides financial protection against the high costs of medical care, allowing beneficiaries to access necessary healthcare services.