Describe Medicare in its entirety.

Question

Quizplus · Accepted Answer

The Answer is Medicare is a federal health insurance program in the United States that provides coverage for people who are 65 and older, as well as some younger individuals with disabilities. It is divided into several parts, including Part A, which covers hospital stays and some skilled nursing facility care; Part B, which covers medical services and supplies; Part C, also known as Medicare Advantage, which allows private insurance companies to provide Medicare benefits; and Part D, which covers prescription drugs. Medicare is funded through payroll taxes and premiums paid by beneficiaries, and it is administered by the Centers for Medicare & Medicaid Services. Overall, Medicare is designed to help older and disabled individuals access necessary healthcare services and treatments.

Describe Medicare in Its Entirety