Understanding Medicare: A Comprehensive Guide for Beginners
A comprehensive guide to understanding Medicare for beginners. Learn about the different parts of Medicare, understand the costs, and get tips on choosing the right plan.
A comprehensive guide to understanding Medicare for beginners. Learn about the different parts of Medicare, understand the costs, and get tips on choosing the right plan.
Medicare is a federal health insurance program in the United States that is primarily designed to provide coverage for people aged 65 or older, but also covers some people with disabilities and those with end-stage renal disease. Taxes, premiums, and general government revenue fund Medicare which is administered by the Centers for Medicare and Medicaid Services (CMS).
Medicare Advantage and Supplement plans enhance Original Medicare coverage, offering added benefits and financial security. Understanding their differences is key to choosing the right plan for your needs and budget.