In 1965 President Johnson and the United States Congress created Medicare as part of the Social Security Act. A national program, Medicare is a health insurance program for people 65 years of age or older along with some people under age 65 with disabilities or end stage renal disease. It is broken down into four different parts.

• Part A is hospital insurance – covering expenses for hospital care, nursing facility care, and home health services.

• Part B is medical insurance for outpatient hospital care and doctor’s services. Unlike Part A, Medicare Part B is optional.

• Part C, also known as Medicare Advantage, is a combination of Parts A and B offered by private insurance companies (approved by Medicare) which generally also includes prescription drug coverage.

• Part D is prescription drug coverage, and similar to Part C, is offered by private insurance companies with Medicare approval.

For some people, Medicare covers all of their medical expenses. However, many people have additional out-of-pocket expenses. If you have limited income and resources, you may qualify for help

Read more