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Medicare extends health insurance coverage to individuals aged 65 and older, as well as certain younger individuals with disabilities, and those grappling with End Stage Renal Disease (ESRD) - a condition marked by permanent kidney failure necessitating dialysis or a transplant.
There are different parts to Medicare:
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Medicare Part A (Hospital Insurance)
- Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care.
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Medicare Part B (Medical Insurance)
- Part B covers certain doctors' services, outpatient care, medical supplies, and preventive services.
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Medicare Part D (prescription drug coverage)
- Helps cover the cost of prescription drugs (including many recommended shots or vaccines).
Medicare Advantage plans (sometimes known as Medicare Part C) will combine Parts A (hospitals) and B (doctors) and sometimes Part D (prescriptions) into one easy to manage plan administered by a health insurance carrier.
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For more information, you can also visit Medicare.gov.
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