Medicare is a federally funded program which provides health and hospital insurance benefits. Generally people can get Medicare if they:
- are 65 years or older
- receive Social Security Disability
- suffer from end stage renal disease
- are diagnosed with ALS. ALS is also known as Lou Gehrig ’s disease.
- receive Railroad Retirement benefits
Medicare is not based on an individual’s income or assets.
The four types (parts) of Medicare:
Part A provides hospital insurance benefits. This includes inpatient hospital care, inpatient nursing home services, home health services, and hospice care.
Part B provides medical insurance benefits. This includes services from doctors and other medical practitioners, outpatient hospital services, and medical equipment. It also includes physical, occupation, and speech therapy services.
Part C is what is known as the Medicare Advantage program. People who get Medicare can choose to enroll in a private health plan. You do not have to do this. Some people enroll if what they need isn’t covered by their other insurance.
Part D provides Prescription Drug Coverage. People can get this through a stand-alone prescription drug plan or through the Medicare Advantage Plan.
Last Reviewed: September 11, 2023